In this study business risk is defined as the risk associated with the company's management decisions related to the financing process. 5 d variables use as model analysis in business risk including business risk variable, NPM, ROA, asset structure and capital structure. The results in this study are presented in the form of multiple regression analysis, to see the relationships among the 5 variables. These results are interpreted in section 4 of this study. Empirically and theoretically from the proposed model of analysis, business risk can be used as a support for investment and other corporate finance decisions.