NAICS
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Definition: The North American Industry Classification System (NAICS) is a standardized system used by the United States, Canada, and Mexico to classify businesses based on their primary economic activities. Each business is assigned a six-digit code that identifies its industry and operational focus.
Example: A business that creates handmade pottery would use the NAICS code 327110 – Pottery, Ceramics, and Plumbing Fixture Manufacturing to classify its primary activity.
Resources:
- NAICS Code Lookup Tool: Search for your business’s NAICS code on NAICS.com.
- U.S. Census Bureau NAICS Resources: Access detailed explanations of NAICS codes at the Census Bureau website.
- NAICS Code Guide: Tools like Craftybase help handmade businesses find appropriate NAICS codes.
Learn More: Explore our guide to understand how NAICS codes impact classification, compliance, and funding opportunities.
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