[header] How to form an llc in arkansas [title] Recognise the benefits of limited liability companies (llcs). [step] Perhaps the primary benefit of forming an llc is the financial protection it affords the owner of the business. An llc means that the owner is not liable for a business's debts, or any judgements against it. 
It gives the business owner protection while not making it necessary to incorporate the business, as well as offering some tax advantages. [substeps] The " owners " of an llc are known as " members.