Jorge Hodgson Golding Launches Financial Strategy Manual for Canary Islands SMEs

The recent release of "Financial Manual for SMEs: Practical Strategies for Entrepreneurs," written by consultant Jorge Hodgson Golding, has brought the financial health of Canary Islands businesses into sharp focus. At a presentation held this Thursday at the La Laguna Gran Hotel, over a hundred leaders from the archipelago’s executive and family-run sectors gathered—a turnout that highlights the urgent need to professionalize resource management in today’s unstable economic climate.

Published by LID Editorial (part of the Almuzara Group), the book advocates for a major shift in how small and medium-sized enterprises are managed. Hodgson Golding argues that the biggest threat to these businesses isn't a lack of sales, but a lack of strategic oversight regarding capital—a condition he calls "financial blindness." When companies lose sight of the gap between their sales volume and their actual cash flow, they often face liquidity crises that threaten their future. The manual aims to solve this by encouraging the automation of financial processes.

The event featured insights from José Carlos Francisco, president of the Canary Islands' Economic and Social Council, and journalist Roberto González. Both emphasized that entrepreneurs need technical tools that go well beyond basic bookkeeping. Drawing on his experience in banking and multinational corporations, Hodgson Golding’s approach combines the discipline of risk analysis with the practical mindset of an investor.

With endorsements from prominent figures such as Daniel Lacalle, Miguel Anxo Bastos, Gonzalo Bernardos, Mario Conde, Xavier Marcet, Susana Criado, and Silvia Jato, the book is positioned as a key technical resource. For the Canary Islands, where family-owned businesses are the backbone of the economy, adopting these management models is a vital step toward professionalizing leadership and ensuring long-term growth in a competitive market.