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The Rules of the Game: A Financial Teardown of Games Workshop

Heather Smith
3 min readApr 1, 2023

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Hey there! Here you have again the most-clicked articles from the Accounting Apps newsletter during w/c 26.3.23:

The Rules of the Game: A Financial Teardown of Games Workshop | (SBO)

If you’ve never heard of Games Workshop or Warhammer, don’t worry. It’s super niche and has a cult-like following amongst mostly middle-aged men. Gamesworkshop ($GAW), the publisher and owner of the Warhammer franchise, is publicly traded on the London Stock Exchange. Today, its market cap is over $3 billion — a pretty neat valuation for a niche hobby business. The rules of the game are set by a series of books which describe how to move these miniatures around the table to simulate combat. Here’s why Games Workshop and the Warhammer franchise may be the best capital-compounding business machine you’ve never heard of.

How to Reimburse ‘Small Spender’ Employees for Company Expenses | (Weel)

Reimbursing your team members for out-of-pocket expenses may not always feel like a top-ticket item when thinking about business growth, efficiency and engagement. However, if you haven’t considered the detrimental impact a lagging reimbursement process can have on your people and business success, you’ll…

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Heather Smith
Heather Smith

Written by Heather Smith

Sharing insights & education about Accounting Apps via this super useful newsletter http://HeatherSmithAU.com people actually look forward to receiving.

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