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 Arkansas Ar1000rc5  Form 2017

2017-2024 Form

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You'm Travis story one of the attorneys here at the story law firm today we're talking about Arkansas LLC's and why that might be the solution for your small business needs there's a couple of things to know about a limited liability company that's what LLC stands for the LLC is geared to be a flexible entity that we actually conduct business in that provides the owners or as the legal term is the members with a liability protection so that anything that would happen inside the business doesn't actually affect the personal financials of the members those who are the owners of the LLC we do this to make sure that what's inside the business stays in the business so if the business was to get sued it would be the name defendant it would also be liable for whatever the amount of the judgment might be in the lawsuit but only as to the assets of the business you can see where this is very advantageous for you if you have assets outside the business those would never come under attack because

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