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In this video, Michael discusses the importance of maintenance agreements for in-home service businesses, emphasizing that cash flow is essential for operational success. He highlights that maintenance agreements significantly improve a company's cash position more than any other service. Despite their benefits, many service companies do not offer or believe in them, often citing reasons such as viewing them as loss leaders or claiming there’s no profit to be made. Michael expresses his astonishment at these excuses, particularly regarding the lack of time to implement maintenance agreements during busy seasons in fall and spring.