Stop Giving Away Your Extended Warranty Profits with Tim Byrd

🎙️ HVAC R&D Podcast — Episode 186Stop Giving Away Your Extended Warranty Profits with Tim ByrdMost contractors sell extended labor warranties…But very few actually own the profits behind them.In Episode 186, Rhydon Atzenhoffer sits down with Tim Byrd to discuss how contractors can create their own extended labor warranty programs and use reinsurance strategies to build long-term value inside their businesses.Together, they explore how warranty programs can become more than just a customer benefit—they can become a powerful recurring revenue stream that supports growth, improves customer retention, and creates additional financial stability.For the #TradeCrew, this conversation offers a completely different way to think about extended labor warranty options, service agreements, customer relationships, and business profitability.🔧 In this episode, we cover:• How extended labor warranties actually work• Why most contractors don't own the profits they create• Using reinsurance to support your business• Building recurring revenue beyond service agreements• Increasing customer trust and retention• Turning warranty programs into long-term assets• Creating additional value inside your companyWhether you're a contractor, owner, or future business leader, this episode will challenge how you think about warranties, profitability, and building wealth inside your business.🎧 Listen now and subscribe so you never miss a drop.The HVAC R&D Podcast is the Voice of Distribution, Contractors, and the #TradeCrew.🙏 Thanks to our partners:DiversiTech Corporation • LiveSwitch • RLS Rapid Locking System • Resideo • MANN+HUMMEL • True Nature Meats Co.🌐 https://rhydonatzenhoffer.substack.com/podcast