If you are looking for the best accounting firm in Pittsburgh for
your small business, here are five definitive facts about the city and
five sure-fire ways to find the accounting firm there that best meets
your small business needs.
Pittsburgh -- The Most Livable City In
The U.S. Pittsburgh is Pennsylvania's second largest city, population
311,647. The seven county area surrounding the city boasts a population
of 2,354,957. Allegheny County, which includes Pittsburgh, is by far the
biggest and most prosperous. In these seven counties, there are over
1,000 accounting firms, 40% of which are in Pittsburgh. Over half of
them cater to small businesses.
In 2005 and again in 2009, The
Economist ranked Pittsburgh the top most livable city in the United
States. In 2007, Pittsburgh claimed the number one spot in Places Rated
Almanac. In 2010, both Forbes Magazine and Yahoo! had Pittsburgh at the
top of their lists. Entrepreneur Magazine ranked Pittsburgh as one of
the best for entrepreneurs.
Pittsburgh --The City Of Bridges.
Pittsburgh is the world record holder for bridges with 446 of them
contained entirely within the city limits. These bridges cross the
Allegheny River from the northeast and the Monongahela River from the
southeast to form the Ohio River and the Downtown area of the city known
as the Golden Triangle. They link the city to the four areas
surrounding it, namely the North Side/North Hills, the South Side/South
Hills, the East End and the West End. Four interstates (I-376, I-79,
I-279 and I-579), known to Pittsburghers as the Parkway East, the
Parkway West, the Parkway North and Crosstown and two major expressways
(Route 28 and Route 22) connect 237 boroughs and 202 townships with each
other and with Downtown Pittsburgh.
Most of the larger accounting
firms serving Pittsburgh's major corporations are in Downtown
Pittsburgh. However, virtually all of the accounting firms serving the
city's ever-growing small business population are located in the areas
north, south, east and west of the city. These firms serve small
businesses in Pittsburgh and Allegheny County and also offer their
services to the other six counties that make up the Greater Pittsburgh
Area. The small business accounting firms in these areas have
deep-seated ties to the community, the people and the businesses
residing there.
Pittsburgh -- A City Transformed. Thirty years
ago, Pittsburgh was a dirty, smoky steel town, known as the Steel City,
because of its predominance as a mighty steel-making hub. When that
industry collapsed and Pittsburgh lost its manufacturing base, its
blue-collar workers and corporate giants like Westinghouse, Gulf Oil,
Koppers and Rockwell International, the city faced its first economic
crisis in more than a century. To its credit, though, the city
transformed like none other in the country and emerged twenty years
later as a thriving white-collar metropolis.
Today, Pittsburgh is
still a steel city. US Steel, the 10th largest steel company in the
world, is headquartered there. Allegheny Technologies, a world-class
steel maker, has eight manufacturing plants in the region. The city
still employs 7,000 steel workers and another 12,000 in the primary
metals sector. Though the area lost 100,000 manufacturing jobs in the
last 30 years, that sector is still one of the biggest contributors to
the region's economy. What changed is how diversified that sector is
now. Cutting-edge companies in life sciences, robotics, information
technology and research have joined ranks with eight Fortune 500
companies. Health care, education, research, financial services and
entertainment/tourism are the newly emerging industries that are driving
revenue and employment for the region.
One of the fastest-growing
fields supporting the city's transformation to a white-collar economy
is accounting. This is especially true as the city continues to move
away from industry to service and technology. Many of the newly emerging
companies across all sectors of the local economy are small businesses.
Though there are already over 400 accounting firms in Pittsburgh and
Allegheny County alone servicing those businesses, that number increases
dramatically as you move into the other seven counties surrounding the
city.
Pittsburgh -- A City Of Growth. The local economy mirrors
the nation's economy as it continues to battle the recession. However,
the region has fared better than most places in the country and is
poised for substantive growth in 2011. Economists from the city's
largest financial institutions predict that the Greater Pittsburgh Area
will add 13,000 new jobs this year. Unemployment is expected to drop
below eight percent as larger corporations begin to hire and newly
established businesses begin to grow. Additional hiring will also be
evident as new companies locate there.
The University of
Pittsburgh Medical Center, the city's largest employer, is currently in a
hiring mode. Retail giants like Dick's Sporting Goods and General
Nutrition Center (GNC) are growing. Google now operates a 40,000 square
foot office in Pittsburgh and recently announced plans for expansion.
Marcellus Shale natural gas will be a major contributor to the local
economy. The Cultural Arts, including film production, continues to
blossom and dozens of new information technology firms are emerging to
support the growing research activity at the University of Pittsburgh
and Carnegie-Mellon University.
Most of the new companies being
created in the area are small businesses supporting these major
industries. As the area grows, these businesses will grow as well and
their need for more specialized accounting services will become
increasingly evident. Presently, accountant firms in the Pittsburgh area
offer 18 different types of accounting to small businesses, income tax
accounting and project accounting to name a few.
Pittsburgh -- The
City Of Champions. Pittsburgh is home to three major league franchises
-- the Pittsburgh Pirates, the Pittsburgh Steelers and the Pittsburgh
Penguins. Two of those teams have graced the city with championships,
the Steelers winning six Super Bowl titles and the Penguins winning
three Stanley Cups. Thanks to the ingenious idea of a beloved Pittsburgh
sportscaster and his Terrible Towel, the Steelers have given Pittsburgh
fans reason to proclaim their hometown pride by simply waving their
Terrible Towel. This marketing icon singlehandedly created Steeler
Nation, a brotherhood of loyal fans across the country that has quietly
and selflessly raised millions of dollars for a local charity in
Pittsburgh.
This hometown pride, this brotherhood, this spirit of
generosity is championed in almost every neighborhood and community in
the Greater Pittsburgh area. Pittsburghers are proud, industrious,
friendly and generous people. Many of them have lived in their hometown
for years and have established hundreds of small businesses to support
their families, their communities and the city they call home.
Accounting firms throughout the area have their roots in these same
neighborhoods and have managed to successfully guide and support these
businesses and the local communities and organizations they serve.
Because of their efforts, these small businesses continue to prosper.
With
a good working knowledge of the city, its economy and its people, you
can easily find the accounting firm in Pittsburgh that best meets your
small business needs. Here are five sure-fire ways to help you do that.
Pay
close attention to your location and the location of the accounting
firm with whom you choose to work. Pittsburgh is a large metropolitan
city with over 400 neighborhoods and communities as diverse as the
people living there. These neighborhoods and communities are what make
Pittsburgh unique and it is important that you find an accounting firm
who knows these places and the businesses that reside there. Pittsburgh
is also a city, like many other big cities in the country, plagued with
traffic jams, construction delays and bad weather. These conditions
cause havoc on the roads in and out of the city at any time in the
course of a regular business day. Don't waste time driving all the way
across town to meet with your accountant. Besides, if your accounting
firm is close to you, they should be willing to come to your place of
business.
Focus your attention on only those firms in Pittsburgh
specializing in small business accounting. Small business accounting
firms keep track of salaries and wages, deductions for federal, state
and local taxes and Social Security, utility costs, maintenance,
depreciation, amortization, interest and rent. They also prepare your
tax returns and administer payroll, health insurance and 401K retirement
programs. These are the responsibilities you will want your accounting
firm to handle for you. If they can also provide sales, marketing and
financial services to meet the ever-growing needs of your small
business, so much the better.