Retirement planning: Securing financial stability for MSME owners and employees

An exit plan for the founders at the appropriate age with a financial fallback is likely to give the business new impetus for growth.

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As the backbone of Kenya’s economy, micro, small, and medium enterprises (MSMEs) are the driving force behind economic growth and job creation.

The MSMEs account for more than 98 percent of all business entities in Kenya and provide about 30 percent of job opportunities annually.

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Note: The results are not exact but very close to the actual.