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SMITH MOUNTAIN LAKE, Virginia. – The boat rental industry continues to grow in Smith Mountain Lake, and those who have rented to clients for decades have said that new businesses that are springing up are breaking unwritten rules. The regulations for renting a boat in Virginia are pale compared to something like renting a car. …

In the first seven years after the Great Recession, Rick Dieterich discovered that his Mystic business, Springline Yacht Sales, was in trouble. But things started to improve in 2016, and then in 2018 he had a record turnover of $ 3.6 million. While 2019 isn’t even half over, it has made $ 3.9 million in …