What Is An Enterprise In NAICS?
An enterprise may consist of one or more locations that is more than 50 percent owned by the same entity performing the same or different types of economic activities. Each establishment of the enterprise will be assigned a North American Industry Classification System (NAICS) code based on its own primary business activity.
Although an establishment may be identical with the enterprise (company), the two terms should not be confused. An enterprise (company) may consist of more than one establishment. Such multi-unit enterprises may have establishments in more than one industry in NAICS. If such enterprises have a separate establishment primarily engaged in providing headquarters services, these establishments are classified in Sector 55, Management of Companies and Enterprises.