561920 - Convention and Trade Show Organizers
In the dynamic world of event planning and management, NAICS code 561920 stands out as a pivotal classification for businesses that bring people together through conventions and trade shows. Whether you’re an entrepreneur, government contractor, or industry professional, understanding this NAICS code can open doors to exciting opportunities in the events sector.
What is NAICS Code 561920?
NAICS code 561920 is designated for Convention and Trade Show Organizers. This industry includes establishments primarily engaged in organizing, promoting, and managing conventions, trade shows, and similar events. These companies coordinate every aspect of event planning — from venue selection and logistics to marketing and on-site management.
Sector Overview: Administrative and Support and Waste Management and Remediation Services
The businesses under NAICS 561920 fall within the broader sector of Administrative and Support and Waste Management and Remediation Services. This sector plays a crucial role in supporting business operations by offering services that streamline event execution and participant engagement.
Typical Business Types and Activities Include:
- Convention planners specializing in creating large-scale meetings and conventions.
- Trade show organizers who facilitate industry-specific exhibitions and expos.
- Event management companies providing end-to-end services including logistics coordination, vendor management, registration services, and marketing outreach.
Size Standard for NAICS Code 561920
The Small Business Size Standard for this industry is set at $20 million in average annual receipts. This means that businesses with annual revenues up to $20 million are classified as small businesses under this code, which can be critical for government contracting and eligibility in various programs.
Examples of Businesses Under NAICS 561920
- Convention Management Group – Focused on corporate and association conventions.
- Trade Expo Planners LLC – Specializes in organizing trade shows within the technology and manufacturing sectors.
- Global Event Services – Provides comprehensive event management solutions, including conventions, trade shows, and product launches.
These companies exemplify the expertise required to manage the diverse range of logistics, marketing, and organizational challenges inherent in large events.
FAQ: NAICS Code 561920 – Convention and Trade Show Organizers
Q1: What services do businesses under NAICS 561920 provide?
They provide comprehensive event planning and management services including venue selection, logistics coordination, exhibit management, marketing and promotion, registration management, and on-site event execution for conventions and trade shows.
Q2: Is NAICS 561920 only for large events?
No. While often associated with large conventions and trade shows, this code also covers smaller-scale industry expos and gatherings as long as the business primarily organizes, promotes, and manages such events.
Q3: How can knowing the NAICS code benefit businesses?
Knowing their NAICS code allows businesses to identify applicable government contracting opportunities, comply with industry regulations, and better market their services to potential clients.
Q4: What is the significance of the $20 million size standard?
The $20 million size standard defines the threshold under which businesses qualify as small businesses for federal contracting purposes, enabling access to certain government contracts and programs.
Q5: Are event promotion companies included in NAICS 561920?
Yes. Companies specializing in promoting conventions and trade shows are included, provided they primarily organize or manage these types of events.
Final Thoughts
NAICS code 561920 serves as a vital identifier for businesses that specialize in the art and science of organizing conventions and trade shows. Whether you are a business owner looking to classify your company for government contracting or simply want to learn more about this industry segment, understanding the scope, activities, and requirements of NAICS 561920 is essential.
If you operate within convention and trade show organization, aligning your business with this NAICS code can help you tap into targeted opportunities and position yourself for growth in a competitive market.
Keywords: NAICS 561920, Convention and Trade Show Organizers, trade show planning, event management companies, convention planners, government contracting NAICS, small business size standard, administrative and support services.
