Without consequence, of course not. But you should be able to 'separate' your professional and personal life, even as an entrepreneur.
I would NEVER found my own business if I knew that going bankrupt would take away my kid's house. This is why instruments such as limited responsibility companies have been invented.
Doesn’t seem like a big deal, but I imagine if you have your own butcher in the first place, you are somewhat particular and specific about what you want (kind of similar to a lot of people clinging onto their usual hair stylist/barber for their dear life, once they find one that does things the way they like). And I would bet that the number of barber options around would be much larger than that for butchers.
Why? In case of success, you have the personal benefit from it. So why should other people and society take the bill in case of your fail? Or how exactly is this supposed tor work?
Maybe it's a bit of both
I'm not aware of any jurisdiction where "wasting resources and harming society" by having a company with limited liability go bankrupt isn't fairly simple.
Germany, like some other companies in Europe has fairly "high" requirements of share capital, but it's still only 25k Euro.
In the UK it's £1. 25k Euros is ridiculously high!