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MGT 421: Su

Identify Your Industry

Identify Your Industry

The North American Industry Classification System (NAICS) is the standard used by Federal agencies in Canada, Mexico and the United States to classify businesses based on their type of economic activity. NAICS codes are self-assigned by businesses.

Image Source: IBISWorld

Selecting your primary NAICS code is an important step in business planning. It is often required for taxes and accessing government incentives, and it is very useful for finding information in your industry research.

What is my NAICS code?

Best Bets for Industry Research

Industry Financial Ratios & Benchmarking

Compare a company's financial ratios with the industry ratios and/or company ratios available in these databases. 

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