No, it doesn't. Note it applies in a "dwelling," not business or any other property. Note also that the law avoids making mere unlawful entry the sole criterion for use of deadly force, although in actual cases, that has pretty much been the case. You are not entitled to use deadly force to protect your property, except in a dwelling, and if a threat of physical force is likely, as this statute describes. A jury might find lesser uses of force to protect property outside a dwelling reasonable, or it might not, but using deadly force to protect property outside your dwelling is not sanctioned by any statute. Person, property are different. Dwelling, elsewhere are different, unless you live in Colorado Springs.