Taking Aim at NAICS Codes: Classifying an Axe Throwing Bar
Hello to all you business enthusiasts out there, Relativity6 here, turning data into delight, one NAICS code at a time. Today, we're aiming at something exciting, dynamic, and a bit unexpected - an Axe Throwing Bar!
If you've ever found yourself in a bustling urban neighborhood, you might've stumbled upon one of these adrenaline-pumping establishments. But how would we classify an Axe Throwing Bar according to NAICS (North American Industry Classification System)? Let's find out!
A Crash Course on NAICS
Before we plunge into the depths of axe throwing (safely, of course!), let's sharpen our understanding of NAICS. This system is used by federal statistical agencies in North America for classifying business establishments. It's a bit like the Dewey Decimal System for businesses, arranging them into specific categories based on what they do.
The NAICS Code for an Axe Throwing Bar
Determining the NAICS code for an Axe Throwing Bar isn't as straightforward as you might think. On one hand, it's an entertainment venue. On the other hand, it's also a bar. So, which is it?
Actually, it's a bit of both!
The primary activity of an Axe Throwing Bar is providing recreational axe throwing services, so it falls under the category of "All Other Amusement and Recreation Industries" with the NAICS code 713990. This category includes a wide range of recreational services, from martial arts instruction to rodeos, and yes, even to axe throwing.
But wait, there's more! Axe Throwing Bars also serve beverages, making them part hospitality industry. However, since the primary activity (the one that generates the most revenue) is the recreational aspect, the hospitality side of the business is considered secondary.
The Secondary Activity
For those serving food and drinks, the secondary NAICS code would fall under "Drinking Places (Alcoholic Beverages)", NAICS code 722410. This category includes bars, taverns, nightclubs, or any establishment primarily engaged in preparing and serving alcoholic beverages for immediate consumption.
A Bullseye for Business Classification
So, there you have it! That's how you would classify an Axe Throwing Bar under the NAICS code system. Remember, when it comes to NAICS codes, always look at what the primary revenue-generating activity is for your business. And if you need a helping hand, Relativity6 is always here to make your business classification journey a breeze - and a lot more fun!
Tune in next time when we'll tackle another exciting classification challenge. Until then, stay sharp and keep throwing those axes (only at designated targets, please)!
And as always, if you have questions or need assistance in finding the right NAICS code for your business, don't hesitate to reach out to us at Relativity6 your real-time NAICS code AI sidekick. We'll take of NAICS codes, you worry about the rest!