North American Industry Classification System (NAICS) codes, which can range from 2-6 digits, are used by the government to classify businesses for statistical purposes. Once you know your business's NAICS code, you can use it to search many library databases. The Finding NAICS Codes tutorial gives you hands-on practice with NAICS codes.
722511 is the NAICS code for:
722513 is used for:
NAICS categories don't distinguish between small and large business, or between for-profit and non-profit.
First, you should get a broad overview of the industry for your business/product by looking at industry trends and analysis. A key way to find information about industries and companies is by reading through articles in business publications (business newspapers, business magazines, business journals). The library subscribes to several databases with business articles and reports. Here are a few recommended ones:
You'll want to find out about your major competitors. In addition to the databases above, try these resources:
Value Line Industry Analysis: For your business plan, check out reports on the Restaurant Industry and the Beverage Industry. Depending on your product, you might be able to find out information about potential competitors, such as McDonald's. To look up information about other companies, type a company name in the search box.