Newsletter + Article Archives

Everything You Need to Know to Be a Successful and Competitive Automotive Dealer in Virginia.

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TIME AND ALLY FINANCIAL HONOR CHESAPEAKE DEALER

November 8, 2020

Banister is one of a select group of 40 dealer nominees from across the country who will be honored at the 104th annual National Automobile Dealers Association (NADA) Show being held virtually

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Phone Down! It’s the Law!

November 8, 2020

Effective January 1, 2021, it will be illegal to hold a handheld personal communications device (i.e.- a smartphone, flip phone, or tablet) while operating a moving motor vehicle in Virginia.

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Automotive Intelligence Serves up Engaged Customers

November 8, 2020

Consumers increasingly are going online to start their journey in buying a new car. But is your dealership positioned to harness that information and the digital breadcrumbs they leave behind

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F&I Issues in the Age of Social Justice

November 8, 2020

People can debate the extent to which the impact of the pandemic on minorities spurred increased social justice activities. One cannot debate that social justice activities have increased. One area

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Inflexible Supplier Contracts

November 8, 2020

At the beginning of the pandemic, dealers worked hard to reduce expenses. One strategy was to terminate or renegotiate supplier contracts. Unfortunately, once they reviewed the contracts, dealers saw that

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Franchise Lessons from the Pandemic

November 8, 2020

Franchisors had their own challenges in dealing with the pandemic. The most notable problems were production slowdowns and stoppages that led to product shortages that dealers have been and are

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Operating in the Cyber World

November 8, 2020

Even before the pandemic, dealers were moving into the cyber world. It was simply a response to how customers were changing their shopping habits. Once the pandemic hit, dealer operations

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SBA and Treasury Issue New PPP Materials and Guidance

October 18, 2020

Recently, the U.S. Small Business Administration (SBA) and Treasury issued materials/guidance concerning the Paycheck Protection Program (PPP). They are: 1. An SBA Procedural Notice addressing changes of ownership for entities having received

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A Message From Don Hall

October 12, 2020

OCTOBER 2020   Voting on November 3 is more than your Constitutional right. As Americans, and in appreciation for the many who fought for generations to protect that fundamental right,

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