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The phrase 'run business' is correct and usable in written English.
You could use it to describe the general tasks of managing a business, such as handling finances, promoting products, and monitoring operations. For example, "He began to run the business three years ago and has experienced great success since then."
Exact(17)
A few years ago The Economist wrote a survey on family run business.
Tami Reller, the chief financial officer of the Windows division, will run business and marketing for the group.
It is not the normal course of how business is run — it is how governments run business.
But boo went bust not because it was a dot.com, but because it was a badly run business.
Helping very poor fragile states like the Democratic Republic of the Congo is a long run business.
It was a family run business, so I worked in the kitchen and helped out as a chambermaid and waitress.
Similar(42)
"This is a home-run business".
Father's Gift The pool hall is a family-run business.
This is not unusual for a small, family-run business.
"It still is, and feels like, a family-run business.
This only partially dampened talk of a family-run business.
Related(20)
course business
performance business
term business
instruction business
submission business
race business
length business
compilation business
election business
series business
run affairs
execute business
courses business
racing business
submissions business
ran business
run defense
run burka
run downstairs
run motion
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com