If you know your NAICS code, there are online resources to identify corresponding SIC codes.5 The Security and Exchange Commission publishes the full list in a PDF.3 How to Read SIC Codes Each digit in a SIC code has a meaning. To read a SIC code, each set of digits should be indepen...
How to find a merchant category code Now that you know what an MCC code is, let’s talk about how to spot them. Finding a business’s merchant category code can be tricky depending on your network. Visa merchant category codes are generally easy to find since it’s the largest network....
Once you have your code, checkthe SBA websiteto determine the small business size standard that applies to your specific NAICS code. Each industry has different standards for what qualifies as “small.” This standard will help you determine which contracts to bid on, as some contracts are onl...
Your North American Industry Classification System (NAICS) code Expected monthly sales and taxable portion of those sales Bank account information Your accountant’s name and address Names and addresses of all your vendors 5. Submit the application Once you’ve completed the application, you can subm...
Learn how to find manufacturers for your product idea. Discover the key steps, from researching to negotiating terms and ensure high-quality, profitable products.
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To register for SAM, you also need NAICS Codes, as it represents your company’s industry. Contracting officers use this code to know about your business and decide whether your company should get the contract. You can easily apply and get yourNAICS Codes online. Make sure you select a code...
Every loan has different requirements, but in general you can expect them to want to know your credit score (personal and business), time in business, and annual revenue. Always check with your lender to determine what their specific requirements are. What is the easiest loan to get approved...
And, you can search for similar businesses using your North American Industry Classification System (NAICS) code to search wage data for your specific industry. Remember that the wages paid to employees must be for services performed for the business. So, shareholder-employees must receive ...