IN THE WORKS

For operators of multi-unit businesses, managing licenses and permits can be a daunting task. The complexity of this process stems from various factors that can hinder operational efficiency and legal compliance. Here, we explore the key challenges that multi-unit operators face in this critical area of business management.

Renewing business licenses and permits can be a complex and time-consuming process for any business owner. With multiple jurisdictions and varying renewal requirements, it's crucial to have a well-organized and efficient process in place. These 7 steps will provide you with essential information and practical steps on how to create a seamless process for renewing business licenses and permits.

For multi-unit operators, keeping track of license and permit renewals is a constant challenge. Whether it’s business licenses, health permits, signage approvals, or alcohol licenses, every location requires meticulous tracking, timely submissions, and compliance with ever-changing regulations. One missed renewal can lead to fines, operational disruptions, or even temporary closures.

Congratulations! Your company has expanded its footprint through a successful acquisition. Now comes the process of integrating the new locations into your existing operations. One crucial area demanding attention: lease management.

For multi-unit operators, managing leases isn’t just about paying rent—it’s about staying ahead of critical dates, ensuring compliance, and optimizing costs throughout the entire lease lifecycle. From acquisition to disposition, every phase of a lease requires time, expertise, and a well-structured process.

As a business owner, finding the perfect commercial space is crucial to the success of your business. However, navigating the lifecycle of a commercial lease can be cumbersome and confusing, especially if you're managing multiple leases. From acquisition to operations, there are many departments and processes to consider when managing commercial lease agreements. That's why we've put together a comprehensive guide to help you navigate every step of the commercial lease lifecycle.

At Property Works, we’ve been honored to partner with Best Buddies in Georgia since 2019. This incredible nonprofit is all about promoting inclusivity, friendship, and community engagement for individuals with intellectual and developmental disabilities (IDD). Best Buddies International is the largest organization dedicated to ending the social, physical, and economic isolation of the 200 million people worldwide with IDD. Through their amazing programs, Best Buddies empowers individuals to form meaningful friendships, secure jobs, improve communication and advocacy skills, and live independently.

Acquiring a portfolio of leased locations—whether it’s a restaurant chain, convenience stores, or another multi-unit business—comes with an overwhelming list of post-closing tasks. But one critical piece of the integration puzzle often slips through the cracks: transferring business licenses, permits, and utility accounts.

Congratulations on acquiring new franchise locations! While the excitement is high, a smooth integration can be the difference between a quick start and a frustrating slowdown. To avoid post-closing headaches, here's a checklist of 3 crucial items you need from the seller to ensure a speedy integration for your operations team:

After the deal is done and the acquisition team hands off a newly acquired portfolio of leases to the operations team, there can be confusion over what happens next. If your operations team is already working at capacity on the day-to-day tasks of running the business, finding time for someone to comb through each lease to set reminders for important dates, make notes of unusual terms, and reach out to every landlord can feel impossible. For many business owners, it's unclear who on their team these tasks should even fall to. This lack of clarity leads to a catch-up situation of just trying to not let too many items drop. Sound stressful? That's why Property Works has developed a proven Acquisitions to Operations Transition Process Support service to help you start strong.