There are 8 steps that are done to make a business analysis. The steps are:
Identify the problem or issue;
Designate the analysis team (which will provide organization, guidance, documentation, clarification, and political assistance);
Identify the current process;
Identify stakeholders (e.g. regulatory officials, suppliers, customers, external auditors);
Identify requirements (including brainstorming, interviews, and review of documentation);
Identify current capabilities;
Identify differences;
Identify potential solutions;
Implement changes.