Soul Trader
What is it?
It is a business that is own and run by one person. They are
usually start-ups or small businesses. Even though there is on
one owner, there may be employees who work for them.
An example in Braintree is Helen’s Beautique (a nail salon).
Advantages Disadvantages
You keep all the profits Unlimited liability
Maximum privacy Big responsibility
Start-up costs are low Poor work-life balance
You are the boss
What is it?
It is a business that is own and run by one person. They are
usually start-ups or small businesses. Even though there is on
one owner, there may be employees who work for them.
An example in Braintree is Helen’s Beautique (a nail salon).
Advantages Disadvantages
You keep all the profits Unlimited liability
Maximum privacy Big responsibility
Start-up costs are low Poor work-life balance
You are the boss
