Industry Averages for your Business
Every entrepreneur would like to know how their business compares with others in the same industry. This is why NAICS codes were developed. NAICS (North America Industry Standard Classification System) classifies each business and assigns a code. For example, the NAICS code number 451120 represents “Hobby, Toy and Game Stores” and the NAICS code number 443144 represents “Computer and Software Stores”.
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