14+ Do I Need Naics Code
Images. A naics (pronounced nakes) code is a classification within the north american industry classification system. With the release of the quarter 1, 2005 qbr, the.
Standard industrial classification (sic) codes and the more recent naics codes are crucial to classifying sic and naics offer the necessary classification codes, making it easy for business analysis to know how many companies are registered in utah producing corn, one simply needs to. The naics classification of a company begins when a company is registered. If you want to land the contract, then you have to make sure that your code matches.
Naics codes are useful and necessary for business owners who are bidding on government contracts anywhere in north america.
Naics 2 digit sector codes. It was adopted in 1997 to replace the standard industrial classification (sic) system in cooperation with the statistical agencies of canada and mexico. Naics (pronounced nakes) stands for north american industry classification system. Naics is a way for u.s., mexico and canada governmental agencies such as the u.s.
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