The mandatory new ADA compliancy laws are beneficial for your business. Here are a few advantage points for facilities who are ADA compliant.
Expand Your Customer Base
The disabled population is the largest minority group in America, over 55 million strong. The percentage of individuals with disabilities in the US alone is 19% of the population.
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Earn More Money
Individuals with disabilities spend over $4.2 billion in the hospitality industry every year. It is estimated that if certain needs were met, that amount could increase to over $27 billion yearly.
The 2000 US Census Bureau indicates that almost 42% of adults 65 and older have disabilities. Currently more that 50% of the total US discretionary income is controlled by individuals 50 years of age or older. Making your facilities accessible to all of your guests equally can help you tap into your share of this expanding market.
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Claim Tax Breaks
Businesses can take a deduction for the costs of removing barriers to the disabled and elderly.
The Disabled Access Credit can be claimed by small businesses to offset the cost of providing access according to ADA guidelines.
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Connect With The Community
Businesses can set themselves apart by actively and publicly supporting the rights of people with disabilities. By updating your facility and making it accessible, you are taking a stand against discrimination. Taking these public positions helps your business connect with the community and build a unique rapport with existing and potential customers.
Chelsey Von Ehrenkrook