Every business revolves around the purpose of transforming something into something else of greater value. Whether it is a cabinet making shop taking wood and laminate and transforming it into kitchen cabinets, or a restaurant taking food, ambience, location and good service and transforming that into well-fed, satisfied and relaxed customers.
The operation of your business is concerned with the production of goods and/or services that will create value. You are in the business of taking basic ingredients (inputs) and developing them into something else which is of greater value (outputs).