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Business Consulting SIC codes

If you’re setting up a consulting business, you’ll need your SIC code when filing for taxes, completing loan applications, or filling in other paperwork. Here’s how to find the right SIC code for you, as well as some hints on saving money with Wise Business.
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Which SIC codes can be used by consultants?

Standard Industrial Classification codes — SIC codes for short — are given to all businesses. These 4 digit codes are then used by government agencies, marketing companies, banks, academics and entrepreneurs, to understand and analyze the type of work a business is involved in.

Management consulting businesses fall into the major group 87 — all SIC codes for this industry will start with these numbers. You can then find out more about the business type by looking at the final digits. SIC code 8742 is used by Management Consulting Services, while 8748 is used by Business Consulting Services, Not Elsewhere Classified.

The types of businesses using SIC code 8742 might include administrative management, HR and marketing consultants. 8748 is more likely to be used by agricultural, educational, industrial consulting agencies.

SectionSICIndustry

Division

70-89

Services

Major Group

87

Engineering, Accounting, Research, Management, and related services

Industry Group

874

Management And Public Relations Services

SIC code

8742

Management Consulting Services

SIC code

8748

Business Consulting Services, Not Elsewhere Classified

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Examples of businesses

BusinessSICBusinessSIC

Administrative management consultants

8742

Agricultural consulting

8748

General management consultants

8742

City planners, except professional engineering

8748

Human resource consultants

8742

Economic consulting

8748

Management engineering consultants

8742

Educational consulting, except management

8748

Management information systems consultants

8742

Industrial development planning service, commercial

8748

Manufacturing management consultants

8742

Radio consultants

8748

Marketing consultants

8742

Systems engineering consulting, except professional engineering or

8748

Operations research consultants

8742

Test development and evaluation service, educational or personnel

8748

Personnel management consultants, except employment service

8742

Testing services, educational or personnel

8748

Physical distribution consultants

8742

Traffic consultants

8748

Site location consultants

8742

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Convert Business Consulting SIC to NAICS codes.

SIC CodeSIC IndustryNAICS CodeNAICS Industry

8742

Management Consulting Services

541611

Administrative Management and General Management Consulting Services

8742

Management Consulting Services

541612

Human Resources Consulting Services

8742

Management Consulting Services

541613

Marketing Consulting Services

8742

Management Consulting Services

541614

Process, Physical Distribution, and Logistics Consulting Services

8742

Management Consulting Services

561312

Executive Search Services

8748

Business Consulting, Nec

541320

Landscape Architectural Services

8748

Business Consulting, Nec

541330

Engineering Services

8748

Business Consulting, Nec

541618

Other Management Consulting Services

8748

Business Consulting, Nec

541690

Other Scientific and Technical Consulting Services