Lease management involves overseeing and administering lease agreements across multiple locations or units within their business portfolio. This includes managing leases for various types of assets such as real estate, equipment, vehicles, and more. For a multi-unit operator or franchisee, effective lease management is not limited to managing the expiration date of leases, but also entails tasks such as negotiating lease terms, ensuring compliance with lease agreements and regulatory standards, managing lease-related expenses and payments, organizing lease documents, and optimizing lease terms to align with business goals. Additionally, lease management for multi-unit operators often involves coordinating communication and collaboration between different stakeholders, such as landlords, property managers, and internal teams across various locations. Overall, efficient leasing management is critical for multi-unit operators and franchisees to maximize the value of their leased assets, control costs, and ensure smooth operations across their entire business network.