Understand Your Business Classification Codes

What is the NAICS Code?

The North American Industry Classification System (NAICS) is used by federal statistical agencies to classify business establishments. It helps in collecting, analyzing, and publishing data related to the U.S. economy.

3. Why is it Important?

  • Business Registration

  • Federal Contract Bidding

  • Tax & Compliance Reporting

NAICS Codes (Federal Contracting & Tax Reporting)

  • 541613 – Marketing Consulting Services
  • 541430 – Graphic Design Services
  • 541611 – Administrative & General Management Consulting
  • 722320 – Catering Services
  • 812199 – Hair & Grooming Services
  • 236220- Commercial Construction
  • 238990 – Specialty Trade Contractors (Demo, Paint, Cleanup)

SIC Codes (Business Licensing & Categorization)

  • 1542- General Contractors – Nonresidential Buildings
  • 1799 – Special Trade Contractors, NEC
  • 5812 – Eating Places
  • 7231 – Beauty Shops
  • 5122 – Drugs & Sundries
  • 5699 – Misc Apparel Stores
  • 5136 – Men’s Apparel Wholesale
  • 5137 – Women’s Apparel Wholesale
  • 7311- Advertising Agencies
  • 7336 – Commercial Art & Graphic Design
  • 8742 – Management Consulting
  • 8748 – Business Consulting, NEC

Why This Is Important for Certifications, Taxes, and Government Contracting

1. Certifications:
Having the right certifications proves that your business meets industry standards and follows best practices. Certifications build trust with customers, partners, and government agencies. They can also open doors to new markets, especially in sectors like healthcare, IT, and construction, where certified providers are often preferred or even required.

2. Taxes:
Proper tax registration and compliance are essential for running a legal and trustworthy business. Staying on top of your taxes helps avoid penalties, ensures smooth financial operations, and strengthens your credibility with financial institutions and clients. It also shows that your business is responsible and ready to scale.

3. Government Contracting:
To work with government agencies, your business must meet specific requirements — including proper certification, tax compliance, and registration. Government contracts can be a steady source of revenue, but without meeting these basics, you won’t be eligible. Having everything in order positions your business to take advantage of these valuable opportunities.

Need Help Choosing Yours?

Not sure which industry code applies to your business? Let our team walk you through it.

Code Match Quiz