Are You Familiar with Your NAICS code?

The North American Industry Classification System (NAICS) code is a six digit code that classifies your industry.  All federal agencies use them and if you want to do business with the government you are going to want to know what those codes are.  NAICS codes are a lot more important than people think and the way the number identities what product or service you sell is really cool.  Each number means something specific see below how NAICS code 541611 for consulting is broken down:

54   The first two digits indicate economic sector

1     The third indicates industry subsector

6    The fourth refers to industry group

1    The fifth refers to industry

1    The sixth digit specifies an industry that is specific to the US, Canada, or Mexico, visit the NAICS code website here and get started with locating your comodity.

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