SIC Code Frequently Asked Questions

SIC Code marketing is the process of using the SIC Code system for target marketing. Step 1: Match SIC codes to your current customer list Step 2: Analyze the results to determine the SIC Codes that contain the most customers, and even your best customers Step 3: Based on the analysis, use the data to target similar companies that are classified in the same SIC Codes as your top customers.

SIC Codes are industry classification codes that are self-selected based on a company’s primary line of business. It is important to select the correct SIC Code for your business for many reasons including: government statistical purposes, taxation, classification, state and federal registration, contracting, and proper identification for your business. What is My SIC Code? At SICCODE.com, we

Every active business in the USA has a SIC Code. A SIC Code is an organized and hierarchical way to classify businesses according to industries. At SICCODE.com, we compile, verify, organize, and provide classification information for up to 15 million businesses in the USA. How To Find A Company’s SIC Code? Please use the search function on this website to search businesses by their respective

The answer to this question depends on the agency, organization, database, or company. In the mid 1990s, there was a push from the US Government to embrace a new classification system called NAICS and shift away from the SIC Code system. As expected with a large change such as this, the process was slow, fragmented, and has taken a long time to implement. In certain government organizations,

SIC Codes are still actively being used and are continuously being updated to reflect the current changes in industries. For example, the marijuana and solar industries were added to the SIC Code classification system in 2019. SIC Codes Are Continuously Being Updated There is often a misconception with SIC Codes in that the system is not being updated or that is has become outdated. The US

You may be asked for your company’s SIC Code from many government agencies or organizations. The SIC Code that you originally selected while filling out the application will usually remain as your primary SIC Code for that agency or organization. Therefore, you will need to contact the agency or organization directly to update your SIC code. This will ensure that the proper change takes effect.

SIC codes can be two digits, four digits, and even six, seven, and eight digits. The first two digits identify the major industry. For example, the code range from 20-39 represent manufacturing SIC Codes. The SIC Code 20 is the code for Food and Kindred Product Manufacturing (a specific type of manufacturer). Now, within SIC code 20, there are many types of Food Manufacturers. Therefore, the code

As of 2020, SIC Codes are still commonly used in the B2B marketing industries as well as in some government agencies. There has been a push towards the use of NAICS Codes in government sectors for statistical and contracting purposes, however, SIC Codes remain the standard for marketing and classification in the private sector. There are over 10,000 unique SIC Codes in comparison to 1,057 NAICS

Selecting a SIC Code is a straight-forward process. The first step is to identify the primary industry your company operates in. Basic Guide for Selecting a Correct SIC Code Within each general industry category, a SIC Code breaks down into more specific industries. For common and popular industries (ie: Doctor offices, plumbers, car dealerships), there is an exact SIC Code match for the

For purposes of this Standard Industrial Classification, an establishment is an economic unit, generally at a single physical location, where business is conducted or where services or industrial operations are performed. (For example: a factory, mill, store, hotel, movie theater, mine, farm, ranch, bank, railroad depot, airline terminal, sales office, warehouse, or central administrative

Throughout the SIC Code manual, a researcher will encounter various abbreviations. Although many may be recognizable in other usage systems, some are unique to the SIC Code Manual. Please see the list below for the full glossary terms for the abbreviations encountered on the SICCODE.com site, as well as the SIC Code Manual: admin - administration & - and etc - et cetera (and so

In reviewing the Classification, the Technical Committee on Industrial Classification was guided by general principles. The following are the basic principles underlying the Standard Industrial Classification as described in the SIC Code Manual: The classification is organized to reflect the structure of the U.S. economy. It does not follow any single principle, such as end use, nature of raw

The official Standard Industrial Classification (SIC) Code titles of the Divisions and the two-digit Major Groups, three-digit Industry Groups, and four-digit Industries are found throughout the SICCODE.com site, as well as the SIC Code manual. For various reasons, including presentation of statistical tables, short titles were created so that all agencies may use the same short titles for the

Specific Examples of Auxiliary Establishments Activities In the Standard Industrial Classification (SIC) system, Auxiliaries are establishments primarily engaged in performing management or support services for other establishments of the same enterprise. An enterprise consists of all establishments having more than 50 percent common direct or indirect ownership. Auxiliary establishments are

SIC Codes - 4-digits Standard Industrial Classification ( SIC ) codes are four digit numerical codes created by the U.S. government to enable the identification of the primary line of business of the establishment. The classification was developed to facilitate the collection, presentation and analysis of data; and to promote uniformity and comparability in the presentation of statistical data

SIC Codes are self-selected and determined based on a company’s primary line of business. Therefore there is not a central agency that handles the assignment of SIC Codes. SICCODE.com provides the tools and resources to assist you in determining your SIC Code. Please see the following pages for assistance: What is a SIC Code SIC Code Lookup/Directory What is a Primary SIC Code? Each