🚀 How to Correct Your Business NAICS/SIC Code 📊

👀Having the correct NAICS (North American Industry Classification System) or SIC (Standard Industrial Classification) code is essential for your business credibility, funding approvals, and growth opportunities.

If your business has the wrong code, here’s how to fix it:

1️⃣ Identify Your Correct Code

🔍 NAICS Codes: Find your code on the official NAICS website.🔍 SIC Codes: Locate your code using the OSHA SIC Search Tool.

2️⃣ Update with Business Credit Bureaus

💼 Contact the major business credit bureaus to request updates:

Dun & Bradstreet (D&B): Website: D&B Update PortalPhone: 1-800-234-3867
Experian Business: Website: Experian Business CenterPhone: 1-800-520-1221
Equifax Business: Website: Equifax Business SolutionsPhone: 1-800-727-8495

3️⃣ Update with the IRS

📑 If the wrong code was reported during business registration, update it with the IRS:

File Form SS-4: IRS SS-4 Form
Contact the IRS directly: 1-800-829-4933 (Business and Specialty Tax Line)

4️⃣ Update with Your Secretary of State

🏛️ Visit your state’s business registry to file an amendment:

Use your Secretary of State's website (Google "[Your State] Secretary of State Business Registry" for the direct link).

5️⃣ Update with Vendors and Banks

📣 Notify any vendors, lenders, or financial institutions that rely on your business code for approvals or reporting. Contact your account representative or customer service for guidance.

✨ Why It Matters: Ensuring your NAICS/SIC code is accurate can:

✅ Boost your business credibility

✅ Improve funding approvals

✅ Open doors to new opportunities

Stay proactive and keep your business information up-to-date for success! 💼💡

2 comments