Creating an Arizona LLC comes with several benefits,
like protecting your personal assets.
Not exact matches
Entrepreneurs
like limited liability companies because they
protect owners from having their
personal assets seized by creditors of the business.
If you want to
protect your
personal assets, you might be better off setting up a corporation or even a limited liability company (that's a business with limited liability that can be taxed
like a partnership or another entity).
Operating your business as a separate entity
protects your
personal assets,
like your home, car, and savings.
However, it is strongly recommended that you carry significantly more than the minimum required limits, particularly if you have substantial
personal assets that you would
like to
protect.