low risk sic codes for businesses

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low risk sic codes for businesses

5154 Livestock 6794 Patent owners & lessors Overall, industry revenue is set to grow at a CAGR of 11.8% to $136.2 billion through 2023, including a 9.6% increase in 2023 alone. Cultivate an engaged following online with content recorded by this $150 drone two-pack. (Adult entertainment is considered restricted). 2284 Thread mills 6019 Central reserve depository Using cryogenic storage facilities to house samples, operators in this industry catalog biospecimens by genetic or environmental characteristics for use by researchers who require specimens with these traits. 43XX U.S. 4173 Vehicle passenger terminals (Thats because most contractors are being outsourced by bigger companies), Gasoline stations or convenience stores. 1711 Plumbing, heating & air conditioning 3644 Fuse boxes & non-current carrying conduits Click Here for Data Appends & Targeted Marketing Lists 6062 Non-federal credit unions 3523 Farm machinery These NAICS codes are used by lenders and insurers to determine risk levels and can impact everything from loan underwriting to workers' compensation premiums. Please enter your email address. SIC Code for Real Estate Investment Company. SICCODE Business Data Powering the World's Top Companies, For More Specialized Data and Services, Visit our, SIC Code Definition / History / Structure, SIC Code 2299 - Textile Goods, Not Elsewhere Classified, SIC Code 5149 - Groceries and Related Products, Not Elsewhere Classified, SIC Code 7389 - Business Services, Not Elsewhere Classified, SIC Code 4789 - Transportation Services, Not Elsewhere Classified. of Minerals in SIC 1455, Grinding, Washing, Separating, etc. 63XX Insurance Carriers 7215 Coin-operated laundries 3545 Machine tools accessories How would you like to do that while working from home? Some low-risk service businesses include lawn care and house cleaning. 2656 Paper food containers, plates & cups Lost your password? Employers know that the federal Occupational Safety and Health Act requires covered employers to provide a safe workplace for employees and to meet several reporting requirements to prove compliance. 7922 Movie producers 7011 Hotels & motels You'll need to be to get your business up and running. Macomb, MI. Share sensitive information only on official, secure websites. Learn More, The Foreign Currency Exchange Services industry was aided over the five years to 2021 by continued growth in international trade and travel. 2079 Margarine & other edible fats To do this, we often partner with companies that share that mission. 2396 Auto trim, linings and findings 14 Low Risk Businesses to Start (2023): Up to $15k a Month4 14 Low Risk Businesses to Start: Up to $15k a Month Part-Time Side Hustle Nation is dedicated to improving your personal profitability. With more than 10,000 unique classifications, SIC codes have been extended to create the most accurate way to target businesses. Consider starting a drop-shipping business. 8641 Civic, social & fraternal organizations 0115 Corn farming As a result, the Tattoo Artists industry's customer base has expanded significantly, as has the revenue generated per customer. Jewelry, precious stones and metals; wholesale and retail. 2131 Chewing tobacco, pipe tobacco & snuff The 5 Best Banks for Small Business Loans in 2023, https://www.naics.com/wp-content/uploads/2014/10/NAICS-ASSOCIATION-High-Risk-and-Cash-Intensive-NAICS-Codes-List.pdf, https://www.nav.com/resource/how-to-establish-business-credit/. 3275 Gypsum 1475 Phosphate rock 7336 Commercial art & graphic design 2392 Pillows, blankets, towels & slip covers In his 14-plus years as a marketer and entrepreneur, Sujan Patel has helped hundreds of companies boost online traffic andsales and strengthen their onlinebrand reputation. 2066 Chocolate & cocoa products 6552 Land subdividers & developers You can use sites like Udemy or Skillshare Start a Podcast 3743 Railroad equipment In fact, 50 percent of small businesses fail within their first four years, according to an oft-cited statistic from the Bureau of Labor Statistics. Start using it and making on time payments and youll start to build strong scores. As a virtual assistant, you can offer basic tasks like putting together reports, managing a schedule and coordinating errands. You can then find out more about the business type by looking at the final digits. The US Government adopted the NAISC in 1997. 2032 Canned specialties NAICS Industry: 5-digit code. 5198 Paints, varnishes & supplies 96XX Administration of Economic Programs 2439 Structural wood 4812 Radiotelephone services 5149 Other groceries 7832 Movie theaters, except drive-ins 8092 Kidney dialysis centers 09XX Fishing, Hunting, and Trapping A very important part of the SIC Code system is that the U.S. Government had written into the SIC Code Manual that agencies could use additional subdivisions within specific four-digit industries to further break down industries. 3021 Rubber & plastic footwear 6531 Real estate agents, realtors, real estate brokers & managers Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. 3594 Fluid power pumps & motors 8744 Facilities support services 4899 Miscellaneous communication services 79XX Amusement & Recreation Services 3353 Aluminum sheet, plate & foil Here's a list of the top 10 NAICS codes that have conquered set-aside spending this 2021. 5421 Meat & seafood markets 2899 Chemical preparations 1542 Other building construction 1741 Masonry & stone setting 2023 Processed dairy products If you are in fact a reinsurance carrier, you should be classified under a different code, for which the size standard is $38.5M. Lost your password? 3479 Electroplating, polishing & coloring The NAICS Association offers four easy to use tools for determining your NAICS & SIC Codes including the NAICS Search Tool, NAICS & SIC Code Drill-Down Tables, and the Real-Time Company Lookup Tool. 2836 Biological products Sometimes businesses have multiple lines of business that fall under different NAICS codes so it may be possible to build credit and get funding for the less risky part of the business. Are you sensing a theme here? Both types of codes remain valid today. 7999 Other amusement & recreation services 7631 Watch, clock & jewelry repair 6141 Personal credit institutions 0161 Vegetable & melon farming Business Lending Blueprint Review Elisabetas story, Business Lending Blueprint Review Roberts story, Business Lending Blueprint Review- Recardos $8000 commission in 2 days, Business Lending Blueprint Review-2nd Interview with Lawrence, Oguz Konar Review How Mike is building his dream business, Become a Hyper Profitable Business Lending Broker. 5033 Roofing, siding & insulation materials NAICS Code Appends 8631 Labor unions 5331 Variety stores Are the business activities legal or illegal? 5989 Other fuel andd fuel oil dealers This data is critical for government programs, policies, and decision-making. 5231 Paint, glass & wallpaper stores Id recommend checking your business credit report with Navyoull be able see what your report says about the risk of your industry under the company info tab of your business report. 7941 Pro sports clubs & promoters *Travel industry. 5192 Books, magazines & newspapers You find products for your customers," Seth Grodin has written. 6021 National commercial banks 2387 Belts Here are a few ways you can expect these classification system codes to be used: Some similar industries have wildly different size standards as determined by the SBA. 3351 Copper rolling & drawing 5172 Petroleum products 2621 Paper mills except cardboard Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Once you know which one applies to you, keep record of it. 5092 Toys & hobby goods 2043 Cereal breakfast foods So, what's your product? US Business Directory : Company Lookup Tool Stricter terms. *Car sales. 2257 Circle knit fabric mills 39XX Misc Manufacturing Industries Long obtained mostly by members of limited subcultures, the stigma surrounding tattoos has largely faded. Your email address will not be published. Industry Sector: 2043 Cereal Breakfast Foods. * Current Number of US Businesses within that Primary SIC Code. 2085 Distilled liquor, except brandy This information will be made available to sensory-impaired individuals upon request. 3996 Hard surface floor covering 2835 In-vitro and in-vivo diagnostics 9441 Social & human resources administration 2875 Mixing fertilizers 3172 Money holders, cases, etc. The legalization of recreational marijuana sales in several states has fueled revenue growth. We also use third-party cookies that help us analyze and understand how you use this website. Each four-digit SIC code follows a specific designation formula in which the first two digits identify the major industry under which the business earns the majority of their revenue (primary line of business). Here are some of the popular uses: In the SIC Code system, miscellaneous 3rd or 4th digit codes are usually designated with the term 'Not Elsewhere Classified'. Sujan Patel 2295 Coated fabric, except rubber It seems apparent that the code that corresponds to my situation - a single member LLC that owns and rents out residential real estate using a property manager - is 5311. 2493 Particleboard & fiberboard Basically every type of business can be classified by these codes so different businesses reflect a different SIC code. Save my name, email, and website in this browser for the next time I comment. 3944 Games & toys With a service-based business, such as lawn care service or dog-walking, your focus is generally local instead of national, which means there is less competition. Standard industrial classification of economic activities (SIC) English Cymraeg A condensed list of SIC codes for providing Companies House with a description of your company's nature of. 3482 Small arms ammunition; Though the differences between SIC and NAICS classification codes may seem slight, they do represent a definitive shift that weighs heavily in favor of NAICS codes. 7338 Secretarial & court reporting services 2653 Corrugated paper boxes 1311 Crude oil & natural gas 7200 - ACCOMMODATION AND FOOD . 7929 Actors, musicians, & entertainers 2671 Coated and laminated paper packaging 83XX Social Services 3965 Buttons, fasteners, pins & needles Investment and risk. 3299 Nonmetalic mineral products For SIC code lookup by company name and to There is also a low cost to get started. This could alter government contracts and programs for which you qualify. 3661 Telephones & phone switches 3537 Industrial trucks & tractors Transportation, communications, and utilities, Railroad Switching and Terminal Establishments, Sightseeing Buses and Cable and Cog Railways, Except Scenic, Hearse Rental with Driver and Carpool and Vanpool Operations, Automobile Rental with Driver and Limousine Rental with Driver, Terminal and Service Facilities for Motor Vehicle Passenger Transportation, Motor freight transportation and warehousing, Hazardous Waste Collection Without Disposal, Local General Freight Trucking Without Storage, Local Specialized Freight Trucking Without Storage, Long-distance Truckload General Freight Trucking, Long-distance Less Than Truckload General Freight Trucking, Long-distance Specialized Freight Trucking, Local General Freight Trucking with Storage, Local Specialized Freight Trucking with Storage, General Warehousing in Foreign Trade Zones, Terminal and Joint Terminal Maintenance Facilities for Motor Freight Transportation, Deep Sea Foreign Transportation of Freight, Deep Sea Domestic Transportation of Freight, Freight Transportation on the Great Lakes St. Lawrence Seaway, Deep Sea Transportation of Passengers, Except by Ferry, Coastal and Great Lakes Passenger Transportation, Airboats, Excursion Boats, and Sightseeing Boats, Marine Salvage and Piloting Vessels In and Out of Harbors, Nonscheduled Charter Freight Air Transportation, Nonscheduled Charter Passenger Air Transportation, Airports, Flying Fields, and Airport Terminal Services, Airfreight Handling at Airports, Hangar Operations, Airport Terminal Services, Aircraft Storage, Airports, and Flying Fields, Aircraft Cleaning and Janitorial Services, Arrangement of Passenger Transportation, NEC, Except Arrangement of Carpools and Vanpools, Arrangement of Transportation of Freight and Cargo, Freight Rate Auditors and Tariff Consultants, Except Freight Rate Auditors and Tariff Consultants, Grain Leveling in Railroad Cars, Grain Trimming for Railroad Equipment, Precooling of Fruits and Vegetables in Connection with Transportation, and Railroad Car Cleaning, Icing, Ventilating and Heating, Fixed Facilities and Inspection and Weighing Services for Motor Vehicle Transportation, Pipeline Terminals and Stockyards for Transportation, Dining Car Operations on a Fee or Contract Basis, Telephone Communications, Except Radiotelephone, Telegraph and Other Message Communications, Ship-to-Shore Broadcasting Communications, Except Taxi Cab Dispatch Ship-to-Shore Communications and Satellite Communications, Electric Power Generation by Fossil Fuels, Electric Power Generation by Nuclear Fuels, Natural Gas Transmission and Distribution, Mixed, Manufactured, or Liquefied Petroleum Gas Production and/or Distribution, Hydroelectric Power Generation When Combined with Other Services, Electric Power Generation by Fossil Fuels When Combined with Other Services, Electric Power Generation by Nuclear Fuels When Combined with Other Services, Other Electric Power Generation When Combined with Other Services, Electric Power Transmission When Combined with Other Services, Electric Power Distribution When Combined with Other Services, Natural Gas When Combined with Electric Services, Other Power Generation When Combined with Other Services, Natural Gas Distribution when Combined with Other Services, Other Nonhazardous Waste Treatment and Disposal, Lumber, Plywood, Millwork, and Wood Panels, Brick, Stone and Related Construction Materials, Roofing, Siding, and Insulation Materials, Computers and Computer Peripheral Equipment and Software, Medical, Dental, and Hospital Equipment and Supplies, Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials, Electrical Appliances, Television and Radio Sets, Plumbing and Heating Equipment and Supplies (Hydronics), Warm Air Heating and Air-Conditioning Equipment and Supplies, Construction and Mining (Except Petroleum) Machinery and Equipment, Service Establishment Equipment and Supplies, Beauty and Barber Shop Equipment and Supplies, Transportation Equipment and Supplies, Except Motor Vehicles, Sporting and Recreational Goods and Supplies, Jewelry, Watches, Precious Stones, and Precious Metals, Drugs, Drug Proprietaries, and Druggists Sundries, Piece Goods, Notions, and Other Dry Goods, Womens, Childrens, and Infants Clothing and Accessories, Plastics Materials and Basic Forms and Shapes, Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals, Lawn and Garden Supplies Sold Via Retail Method, Except Lawn and Garden Supplies Sold Via Retail Method, Flowers, Nursery Stock, and Florists Supplies, Advertising Specialties Goods Distributors, Building materials, hardware, garden supply, & mobile home, Lumber and Other Building Materials Dealers, Retail Nurseries, Lawn and Garden Supply Stores, Warehouse Clubs and General Merchandise Combination Stores, Supermarkets and Grocery Stores with Little General Merchandise, Supermarkets and Grocery Stores with Substantial General Merchandise, Meat and Fish (Seafood) Markets, Including Freezer Provisioners, Chocolate Candy Stores, Preparing Candy on Premises, Nonchocolate Candy Stores, Preparing Candy on Premises, Doughnut Shops, Pretzel Shops, Cookie Shops, Bagel Shops, and Other Such Shops that Make and Sell for Immediate Consumption, Bakeries That Make and Sell at the Same Location, Automotive dealers and gasoline service stations, Mens and Boys Clothing and Accessory Stores, Miscellaneous Apparel and Accessory Stores, Furniture, home furnishings and equipment stores, Custom Made Wood Nonupholstered Furniture, Except Cabinets and Upholstered, Except Custom Cabinet and Furniture Builders, Except Blinds, Shades, and Pottery and Crafts Made and Sold on Site, Radio, Television, and Consumer Electronics Stores, Sewing, Needlework, and Piece Goods Stores, Liquefied Petroleum Gas (Bottled Gas) Dealers, Optical Stores Grinding Prescription Lenses, except 1-Hour Labs, Except Optical Laboratories Grinding Prescription Lenses, Central Reserve Depository Institutions, NEC, Savings Institutions, Federally Chartered, Savings institutions, Not Federally Chartered, Agencies of Foreign Banks, Except International Trade Financing, Foreign Trade and International Banking Institutions, Functions Related to Deposit Banking, NEC, Clearinghouses and Electronic Funds Transfer, Federal and Federally-Sponsored Credit Agencies, Short-Term Business Credit Institutions, Except Agricultural, Miscellaneous Business Credit Institutions, Finance Leasing Combined With Loan Making, Finance Leasing Combined with Sales Financing, Security, commodity brokers, and services, Security Brokers, Dealers, and Flotation Companies, Dealers and Brokers, Except Securities Commodities, and Oil and Gas Lease Brokers, Services Allied With the Exchange of Securities or Commodities, NEC, Reinsurance Carriers, Accident and Health, Fire, Marine, and Casualty Insurers, Direct, Reinsurance Carriers, Fire, Marine, and Casualty, Financial Responsibility Insurers, Direct, Reinsurance Carriers, Financial Responsibility, Operators of Dwellings Other Than Apartment Buildings, Operators of Residential Mobile Home Sites, Land Subdividers and Developers, Except Cemeteries, Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices, Education, Religious, and Charitable Trusts, Trusts, Except Educational, Religious, and Charitable, Personal Trusts, Estates, and Agency Accounts, Venture Capital Companies, Investment Clubs, and Operators on Own Account, Hotels, rooming houses, camps, and other lodging places, Organization Hotels and Lodging Houses, on Membership Basis, Garment Pressing, and Agents for Laundries and Drycleaners, Except Diaper Service and Clothing Alteration and Repair, All Other Miscellaneous Personal Services, NEC, Radio, Television, and Publishers Advertising Representatives, Advertising Materials Distributor Services, Photocopying and Duplicating Services, Except Instant Printing, Building Cleaning and Maintenance Services, NEC, Home Health Furniture and Equipment Rental and Leasing, Heavy Construction Equipment Rental and Leasing, Consumer Electronics and Appliances Rental, Residential Furniture, Party Supplies, and All Other Miscellaneous Consumer Goods Rental and Leasing, Oilfield and Well Drilling Machinery and Equipment Rental and Leasing, Office Machinery and Equipment Rental and Leasing, Computer Processing and Data Preparation and Processing Services, Retailing Computers From a Storefront and Repairing, Disk and Diskette Conversion and Recertification, Except Computer Systems Consultants and Disk and Diskette Conversion and Recertification, Detective, Guard, and Armored Car Services, Photofinishing Laboratories (Except 1-Hour), Stock Photo Agencies and Press Clipping Services, Process Services, Patent Agents, Notaries Public and Paralegal Services, Sign Painting and Lettering Shops, Showcard Painting, Mannequin Decorating Services, and Other Advertising Related Business Services, Appraisers, Except Insurance and Real Estate, and Miscellaneous Professional, Scientific, and Technical Services, Agents and Brokers for Authors and Artists and Speaker Bureaus, Telemarketing Bureaus and Telephone Soliciting Services, Business Service Centers, Except Private Mail Centers and Mail Box Rental, Embroidery of Advertising on Shirts and Rug Binding for the Trade, Sponging Fabric for Tailors and Dressmakers, Distribution of Telephone Directories on a Fee or Contract Basis, Hotel and Restaurant Reservation Services and Time Share Condominium Exchange, Convention and Visitors Bureaus and Tourist Information Service, Credit Card and Check Validation Services, Business Support Services, Except Telephone Answering, Telemarketing Bureaus, Private Mail Centers, and Repossession Services, Truck Rental and Leasing, Without Drivers, Utility Trailer and Recreational Vehicle Rental, Top, Body, and Upholstery Repair Shops and Paint Shops, Automotive Services, Except Repair and Carwashes, Except Automotive Window Tinting, Lubricating Services, and Towing, Retailing New Electronic Equipment from a Storefront and Repairing, Other Telecommunications Equipment Repair, Refrigeration and Air-Conditioning Services and Repair Shops, Retailing New Refrigerators from a Storefront and Repairing Refrigerators, Except Commercial and Retailing New Refrigerators from a Storefront and Repairing Refrigerators, Electrical and Electronic Repair Shops, NEC, Retailing New Electrical and Electronic Appliances from a Storefront and Repairing, Business and Office Machine Repair, Electrical, Electrical Measuring Instrument Repair and Calibration, Medical Equipment Repair, Electrical, Appliance Repair, Electrical; Washing Machine Repair; Electric Razor Repair (except Retailing New Appliances from a Storefront and Repairing), Other Consumer Electronic Equipment Repair Except Computer, Radio, Television, Stereo, and VCr, Furnace Ducts, Chimney, and Gutter Cleaning Services, Other Non-Automotive Transportation Equipment and Industrial Machinery and Equipment, Retailing New Bicycles from a Storefront and Repairing Bicycles, Dental Instrument Repair, Laboratory Instrument Repair, Medical Equipment and Other Electronic and Precision Equipment Repair, Except Typewriters, Lawnmower Repair Shops, Sharpening and Repairing Knives, Saws and Tools, Taxidermists, and Antique Repair and Maintenance, Except Antique Car Restoration, Gas Appliance Repair Service, Sewing Machine Repair, Stove Repair Shops, and Other Non-Electrical Appliances, Leather Goods Repair Shops, Luggage Repair Shops, Pocketbook Repair Shops, Except Industrial, Electronic, Home and Garden, Appliance, Locksmith, and Leather Goods, Services Allied to Motion Picture Production, Teleproduction and Post-Production Services, Film Directors and Related Motion Picture Production Services, Independent, Motion Picture and Video Tape Distribution, Services Allied to Motion Picture Distribution, Theatrical Producers (Except Motion Picture) and Miscellaneous Theatrical Services, Bands, Orchestras, Actors, and Other Entertainers and Entertainment Groups, Except Musical Groups and Artists, Actors and Actresses, Except Amusement Arcades and Slot Machine Operators, Circus Companies and Traveling Carnival Shows, Lottery, Bingo, Bookie and Other Gaming Operations, Caverns and Miscellaneous Commercial Parks, State Fairs, Agriculture Fairs, and County Fairs with Facilities, State Fairs, Agriculture Fairs, and County Fairs without Facilities, Amusement and Recreation Services, NEC (except circuses, professional athletes, caverns and other commercial parks, skiing facilities, casinos and other gambling operations, amusement and recreation facilities, sports instruction, sports equipment re, Offices and Clinics of Doctors of Medicine, Offices of Physicians, Mental Health Specialists, Offices of Physicians Except Mental Health, Offices and Clinics of Doctors of Osteopathy, Offices of Doctors of Osteopathy, Except Mental Health, Offices of Doctors of Osteopathy, Mental Health Specialists, Offices and Clinics of Health Practitioners, NEC, Mental Health Practitioners, Except Physicians, Offices of Physical, Occupational, Recreational, and Speech Therapists and Audiologists, All Other Skilled Nursing Care Facilities, Nursing and Personal Care Facilities, NEC, Other Nursing and Personal Care Facilities, Medical Laboratories, Except Diagnostic Imaging Centers, Colleges, Universities, and Professional Schools, Professional and Management Development Training, All Other Schools and Educational Services, NEC, Community Housing Services, Except Temporary Shelters, Services for the Elderly and Persons with Disabilities, Job Training and Vocational Rehabilitation Services, Mental Health and Substance Abuse Facilities, Environment, Conservation, and Wildlife Organizations, Museums, art galleries, botanical & zoological gardens, Arboreta and Botanical or Zoological Gardens, Labor Unions and Similar Labor Organizations, Civic, Social, and Fraternal Associations, American Indian and Alaska Native Tribal Governments, Except Humane Societies, Farm Business Organizations, Athletic Associations, and Travel Motor Clubs, Accounting, Auditing, and Bookkeeping Services, Commercial Physical and Biological Research, Commercial Economic, Sociological, and Educational Research, Administrative and General Management Consulting, Human Resources and Personnel Management Consulting, Manufacturing Management, Physical Distribution, and Site Location Consulting, Educational Test Development and Evaluation Services, Educational Testing, and Educational Consulting, Safety Consulting and Security Consulting, Agriculture Consulting and Economic Consulting, Urban Planners and Industrial Development Organizations, Authors, Artists, and Related Technical Services, Independent, Scientific and Related Consulting Services, Executive, legislative, and general government, Executive and Legislative Offices, Combined, Public Finance, Taxation, and Monetary Policy, Administration of Social, Human Resource and Income Maintenance Programs, Administration of Veterans Affairs, Except Health Insurance, Air and Water Resource and Solid Waste Management, Land, Mineral, Wildlife, and Forest Conservation, Administration of Urban Planning and Community and Rural Development, Administration of General Economic Programs, Regulation and Administration of Transportation Programs, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Regulation of Agricultural Marketing and Commodities, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, National security and international affairs.

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