Do you want to learn how to leverage SIC codes with an API for maximum efficiency? In this article, we’ll tell you more about it and which one is the best.

SIC codes are a way to classify the industry in which a business is located. This code is used by the government to categorize the economic activity of a company. This code is used in many ways in businesses. For example, it can be used to classify your products or services, organize your company and make it easier to understand for others. 

In addition, SIC codes are also used by the government so they can get accurate information about the economy of a country. Therefore, if you want to leverage an API that can help you with this, you should try using a Company Data Slug API. APIs are programming interfaces that allow two programs to communicate with each other. This way they can exchange data so they can work better and faster.

To establish which taxes must be paid and for what reasons, this classification is used. However, it also offers a wealth of data about a business that can be applied to other endeavors. An essential component of this classification is the SIC codes. They are used by various organizations, including the Census Bureau, to categorize businesses by sector and go by the name Standard Industrial Classification.

Due to their quantity of data regarding a company’s activities and financial situation, the SIC codes are essential for any organization. This information can be used to assess a company’s financial health and decide whether it is a good investment. It can also be used to determine which industries a company should concentrate on in order to expand.

SIC Codes LookUp API

Standard Industrial Classification (SIC) codes are four-digit numerical codes assigned by the U.S. government to business establishments to identify the primary business of the establishment. 

Each and every company will have a primary SIC code. This number indicates a company’s primary line of business. What determines a company’s primary SIC code is the code definition that generates the highest revenue for that company at a specific location in the past year. This API will allow you to look up for businesses by their SIC code. Also, you will be able to retrieve the company’s SIC and NAICS code by searching by company name. 

To Make Use Of It, All You Have To Do Is:

• Go to SIC Codes LookUp API and simply click on the button “START FREE TRIAL” to start using the API.
• After signing up in Zyla API Hub, you’ll be ready to start using the API!
• Employ the different API endpoints depending on what you are looking for.
• Once you meet your needed endpoint, make the API call by pressing the button “test endpoint” and see the results on your screen.

With this API you have the possibility to choose between three Endpoints: “Get Companies by SIC Codes”; “Get Company Data by Company SLUG”; “Search Companies by Name”. In this case, we are going to pick the “Get Companies by SIC Codes” Endpoint and see how it works:

As you can see in the response, after you introduce the SIC Code, it will give you information about the different companies you asked for. Because the response was too long to display, we had to cut it. 

When given a known SIC code, this Company Search API will provide a list of the top 100 businesses that correspond to that code. This indicates that you will get the best businesses associated with that business style. Get further details as well, such as the NAICS code.  Also, be able to retrieve additional information like the state location of the company, revenue volume, and years on the market.