What is a NAICS Code & Why Does my Business Need One?
By
BOAT LLC
Certain NAICS codes are associated with industries posing more risk than others. It is extremely important to know and understand your company's NAICS code as lenders look at this code to decide if they would lend to your business or not. Choosing a high risk code for your business may get a funding denial. If you understand how the system works, you can choose the best code the first time. Purchase our e-book that will give you insight as to why your NAICS code is important, and how you can avoid choosing a high risk code.
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