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how do you choose the right naics code for your business well thats exactly what were going to decode during todays training were going to look at what any ics code is how it works what its used for and how you can make sure you have the right code listed in the right places to radically improve your chances of getting approved for credit financing and being able to get the most money at the best terms weve got a lot to cover so lets dive in [Music] so whats an naics code well an naics code is basically an identifier thats used by a lot of entities and a lot of organizations to be able to determine what industry youre truly in so this is used by the sec its used by the government its used by the irs to really get a gauge of how many businesses and how many sectors are in each one of these different types of business sectors so for example the irs uses naics codes to compare the expenses you claim to others in your industry to be able to trigger red flags its actually how