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How to determine a right industry sector for a business?
rsentp
subscriber Posts: 2
Hi,
For a new business, how do we determine which industry sector the business is in? Any rule of thumb?
For example, if a business is providing a massage as well as providing snakes/beverage, which industry sector is this business in? Food industry or recreation industry?
Any good rule to follow? How would this impact a business?
Thank you your help in advance.
rsentp
For a new business, how do we determine which industry sector the business is in? Any rule of thumb?
For example, if a business is providing a massage as well as providing snakes/beverage, which industry sector is this business in? Food industry or recreation industry?
Any good rule to follow? How would this impact a business?
Thank you your help in advance.
rsentp
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Comments
If one business is registered as a recreation industry, does it prevent the business from selling food? Or this is just a matter of getting a proper license, inspection, etc. regarldess which industry a company is belonging/registered to?
Thank you!
rsentp