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In this video, Michael from Success for Others discusses the importance of maintenance agreements for in-home service businesses. He emphasizes that cash flow is essential for company operations and employee welfare. Maintenance agreements significantly enhance a company's cash position, making them more critical than other offerings. Despite their importance, many service companies either do not offer maintenance agreements or harbor misconceptions about them being loss leaders or unprofitable. Michael expresses his surprise at the reluctance to adopt these agreements, highlighting their potential benefits in bolstering financial stability and efficiency during peak seasons.
