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Jul 28, 2024 · SIC code stands for standard industrial classification (SIC) code. This four-digit number is a shorthand descriptor of the type of business a company is engaged in. The Bottom Line
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A SIC Code describes the primary business activity of a company. With more than 10,000 unique classifications, SIC codes have been extended to create the most accurate way to target businesses. Businesses often use the SIC code lookup to identify companies within specific industries for marketing purposes.
Jan 1, 2013 · The Importance of Using SIC Codes for Business Success. SIC codes have been defined by the U.S. Government as the most exact industry classification. Use SIC codes for targeting purposes by accessing the 15+ million SIC code directory of companies. Identify your current customers by their SIC code and find new clients within the same or similar ...
In a Dun & Bradstreet company profile or business credit report, if more than one SIC code is assigned to a company, the first one listed is the primary line of business. The remaining codes, if any, comprise at least 10% of the firm's annual revenue.
On the Code Detail pages, you will find the Official Definition, Industry Examples, Cross-References, Top Companies in this industry, Extended SIC Codes, as well as other Related Code Systems. Once you determine your SIC Code at the 4-digit level, you can use this on Government applications as well as other business documentation.
Nov 15, 2023 · If you’re starting a business, you will likely need to identify your primary SIC code or NAICS code when you incorporate your business, or you may be asked to provide it when you apply for credit. This article was originally written on December 7, 2015 and updated on November 15, 2023.
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Sep 29, 2023 · Since 1997, industries replaced most SIC codes have by the six-digit North American Industry Classification System (NAICS). However, SIC codes remain useful to some government agencies and companies. SIC code list categories Here is a list of SIC code categories you might find across industries: Agriculture, forestry and fishing: 01-09; Mining ...