By Debbie Ann Sunga, NADA Chief Speechwriter

Even while the country is reeling from the rapidly evolving effects of the coronavirus and social distancing has become the new normal, NADA members never have to navigate this terrain alone. NADA is launching three new webinars to help dealers and their employees navigate today’s business realities.

Making Sense of the New SBA Paycheck Protection Program: Practical Consideration for Dealers
The new Paycheck Protection Program (PPP) provides 100% federally guaranteed loans to small-business owners, and these loans may be forgiven if borrowers maintain their payrolls during the crisis or if they restore their payrolls afterward. Wednesday’s webinar gives insight on the benefits of the $2.2 trillion stimulus package and what the new PPP means for small businesses. Hosted by Andy Koblenz, NADA executive vice president of Legal & Regulatory Affairs, and David Regan, NADA executive vice president of Legislative Affairs,

Federal Tax Implications of COVID 19: How the New Environment Affects Dealers
Thursday’s webinar will focus on several tax provisions from the recently enacted COVID 3 law, otherwise known as the CARES Act. Some of the tax provisions may provide immediate opportunities for dealers, while others may affect longer-term tax planning. Hosted by Paul Metrey, NADA vice president of Regulatory Affairs

Managing Cash Flow: Making it through the COVID-19 Pandemic
On Friday, a panel of NADA Academy instructors and NADA 20 Group consultants Steve Brazill, Mark Rogers, Don South and Tim Gavin will discuss best practices for sources of immediate cash flow to ensure that dealerships can maintain the lifeblood of their business.

Register Today! The first 1,500 registrants will join the webinar and virtually attend in the Adobe Connect room in real time. The next 3,500 people to register will join via phone and listen to the webinar; they will also have an opportunity to download the presentation slides and follow along.

As dealers and their employees consider ways to survive the current environment, it’s critical to understand how new laws and programs can assist throughout this turbulent time. NADA will continue to bring information and solutions that will help keep dealerships going into the next day, and the next.

Posted by NADA

National Automobile Dealers Association