![]() It allows for statistical comparisons among firms in multiple countries within North America, including Mexico and Canada. NAICS was adopted in 1997 to replace the Standard Industrial Classification (SIC) system. What is the Difference Between a NAICS Code and SIC Code? The NAICS Association website also offers free search and drill-down tools, but keep in mind that it is a business website, and is not operated by the government. If you do, be sure to include your phone number so they can call you to ask questions if necessary. If you’ve researched codes on that site and you are still not sure what NAICS code is most accurate for your business, you can email the Census Bureau at for assistance. Once you identify the appropriate major group or sector, you can drill down into more specific categories until you find the 6-digit code that is most accurate for your business. On the website you can use the 2022 NAICS search field to search for NAICS codes by keyword (e.g., publishing or transportation). There you can use online lookup tools or you can even download the entire NAICS manual. There is also an extensive FAQs section that may answer your questions about these codes. The best place to start a NAICS lookup search is at the Census Bureau’s website at /naics. Find My NAICS Code How to Do a NAICS Lookup Find your NAICS code in your business credit reports. You can also look for government bid invitations for your NAICS code and try to land a big government contract.Create your Nav account, connect your business data and check your credit scores – checking doesn’t hurt your scores. The SBA uses your code, and an SBA classification as a small business is important if you want to qualify for SBA loans and other programs. Your NAICS code is probably not something you’ll need on a day-to-day basis, but it’s good to know in case you ever need it. Your classification can affect your ability to get some types of funding because codes are assigned a risk level relevant to their industry. The government uses both codes to classify businesses. You can find your SIC code here, or use your NAICS code to find your SIC code with this conversion table. SIC codes are often used in the private sector by market analysts and economists, and by companies to segment markets for marketing strategies and analyze their competition. SIC codes are used more by the private sector, while NAICS codes are used mainly by the government, as well as internationally. SIC codes are less standardized than NAICS codes, which are much more accurate. SIC classifications are divided into large primary groups and then subdivided into smaller groups. It is a code assigned by the government to classify your company based on your primary business industry. The Standard Industrial Classification (SIC) code is very similar to the NAICS code.
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