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

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 want to listen up. Slow reimbursements do impact employee trust, cause financial burdens and reduce productivity. So as a business, how can you fix this? 

Know Your Numbers: A Comprehensive Guide for KPIs in Uncertain Times | (Fathom) 

In today’s evolving environment, metrics which track financial health and resilience will be of greater importance to businesses. Fathom’s team is excited to share this Know Your Numbers guide for 2023, a comprehensive guide to the key financial performance indicators (KPIs) they think you’ll need to be on top of to ensure the financial health and long-term sustainability of your business.

The Ultimate Guide to Management Reporting | (Coupler.io) 

Management reporting refers to a set of reports that allow managers and company executives to evaluate the operations of a business. It can be used to analyze performance, optimize any weak or slow processes and make data-driven decisions to help move the company forward. This article explores the benefits, examples, and processes involved in management reporting. 

Construction Job Costing Audit Checklist Optimisation Tips | (Knowify)

Improving job-level profitability requires an effective job-costing system. It serves as the foundation for controlling costs, reveals where you are making or losing money, and provides the necessary insights to make better business decisions. If you are new to job costing or still need to create your system, Knowify has you covered with their essential guide to construction job costing! This blog looks into why you need to audit your job costing system, the benefits of doing so, and how you can approach conducting an audit to improve profitability.

Which one of these highlights have you enjoyed the most during this week?