KNOW YOUR NAICS CODE

KNOW YOUR NAICS CODE

Do you know your business NAICS Code. The North American Industry Classification System (“NAICS”) is used by the U. S., Canada, and Mexico to classify businesses by industry.

Each business is classified into a six-digit NAICS code number based on the majority of activity at the business. The Census Bureau tabulates the data into summary totals at the two-digit down to six-digit NAICS levels.

The System for Award Management (SAM), where businesses register to become federal contractors, accepts multiple NAICS classification codes per establishment. To actively participate in the federal marketplace, you should select your primary NAICS code that best reflects your specific business, as well as 3 – 5 secondary NAICS codes to reflect other broader areas of your business.

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NAICS is a two-digit through six-digit hierarchical classification system, offering five levels of detail. Each digit in the code is part of a series of progressively narrower categories, and the more digits in the code signify greater classification detail up to the sixth digit.

NAICS has 20 primary two-digit Economic Sector codes. For example, all Constructions businesses are under the NAICS two-digit code of 23. Your search begins with these first two numbers. The more numbers inputted up to six-digits, the narrower the search.

The NAICS hierarchy includes 96 three-digit Subsectors and 317 four-digit Industry Groups. The five-digit NAICS code is the level at which there is comparability in code and definitions for most of the NAICS sectors providing more Industry detail. The six-digit level allows for the U.S., Canada, and Mexico each to have Country-Specific detail. Each specific classification NAICS code drills down to a is six-digit number in total.

FedBiz Access works with small business to help them establish their foundation with the federal government from their initial registration to setting strategy to help find the right buyers. FedBiz Access can assist you in selecting your correct NAICS codes so you can be properly identified by federal buyers as part of your registration process.  FedBiz Access helps companies build a clear path from registration to award.

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