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NAICS 711410, industry

NAICS 711410: Agents and managers for artists, athletes, entertainers, and other public figures

NAICS 711410 is the industry code for agents and managers for artists, athletes, entertainers, and other public figures. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

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What 711410 covers

Agents and managers represent and manage the careers of artists, athletes, entertainers and other public figures, negotiating contracts and bookings for a commission.

Included in this code

  • Talent agencies
  • Sports agents
  • Music managers
  • Literary agents
  • Booking agents
  • Speaker bureaus

Not this code

Businesses that use 711410

Sports agencyMusic management companySpeaker bureauLiterary agency

Financing for this trade

Agencies earn commissions, so they use lines of credit against receivable commissions and SBA 7(a) loans. Lenders look at client contracts, commission history and concentration among top clients.

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Is 711410 the right code for a talent agent or artist manager?

Yes, if you represent or manage artists, athletes, authors or public figures for a commission. Talent, sports, literary and booking agencies and speaker bureaus belong here. Casting agencies hiring talent for productions use 561311. Event promoters use 711320. Music managers fit here too.

What is the SBA size standard for 711410?

SBA sets the size standard for 711410 at $17.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Agents and managers for public figures at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent agents and managers for public figures fall well inside the limit, so size is rarely what decides an SBA application.

How do talent agencies manage cash flow?

Commission income can be lumpy, so agencies use a business line of credit and sometimes advance against signed contracts. SBA 7(a) loans fund hiring agents or acquiring rosters. Lenders look at signed client agreements, commission history and dependence on a few clients.

What does NAICS 711410 cover?

Agents and managers for artists, athletes, entertainers, and other public figures. Industry level code in NAICS 2022, under 71 Arts, entertainment, and recreation, 711 Performing arts, spectator sports, and related industries, 7114 Agents and managers for artists, athletes, entertainers, and other public figures, 71141 Agents and managers for artists, athletes, entertainers, and other public figures.

What financing do NAICS 711410 businesses use?

Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 711410?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.