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What is SIC code & why is it important?
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What is Standard Industrial Classification (SIC)?
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Jan 1, 2008 · This publication shows a condensed list of the ONS codes used to classify business establishments and other standard units by the type of economic activity in which they’re engaged.
About SIC Codes. A SIC Code describes the primary business activity of a company. With more than 10,000 unique classifications, SIC codes have been extended to create the most accurate way to target businesses. Businesses often use the SIC code lookup to identify companies within specific industries for marketing purposes.
Oct 12, 2021 · Discover why we use standard industrial classification (SIC) codes, how to choose your code and what to do if you need to change it.
Jul 28, 2022 · A Standard Industrial Classification code or SIC code is a 5-digit code that classifies a business’s main area of economic activity and is used for sorting companies into categories. It must be chosen from an official list of SIC codes.
Jul 28, 2024 · Standard Industrial Classification (SIC) codes are four-digit numerical codes used to categorize U.S. companies by the industries in which they operate. Companies are required to use them...
- Elvis Picardo
The Standard Industrial Classification (SIC) was a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies.
Sep 3, 2024 · A SIC code, or Standard Industrial Classification code, is a five-digit code used to classify businesses according to their primary economic activity. Introduced in the UK in 1948, the SIC code system was designed to provide a framework for the collection, presentation, and analysis of data related to economic activities.