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April 11, 2022
Question

Business codes

  • April 11, 2022
  • 1 reply
  • 22 views

I am unable to find a code that matches my business very well.  I am a solopreneur and I make handcrafted jewelry in my home.  I sell my pieces to local and online clients.  Because I do both wholesale and retail, the codes under Wholesale Trade don't apply.  I don't have a store, so the codes under Retail Trade don't apply.  Where to go next?  I've read blog and forum posts indicating that 711510 "Independent artists, writers, & performers" is the best fit, but it still doesn't sound exactly right to me.

    1 reply

    LudwigVan_fan
    Alumni - Champ
    Alumni - Champ
    April 11, 2022

    Not a definitive answer, but some ideas:

    What is the highest concentration of sales coming from:

    • Retail Sales?
    • Wholesale Sales?
    • Web Sales?

    If you are hand fabricating, casting, or doing production, and selling a fairly similar amount in all three sales streams, then choose Jewelry and Silverware Manufacturing 339910.

    If you sell mostly online, even if it is a mix of wholesale and retail, then use Electronic Shopping 454111.

    If you are a maker and selling mostly at Jewelry Trade Shows, then choose Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers 423940.

    If you don’t have a public store front, but are open by appointment only or sell at Art Shows, and your highest revenue stream is Retail Sales, then select Jewelry Stores 448310.

    I don't think 711510 would be appropriate at all.  That code really relates to those in artistic productions, cultural works, More for actors, speakers, dancers, writers, etc.

     

    **Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**