The article aims to summary a method approach which is developed to test a conceptual framework in the business studies context. It starts from a conceptual level of understanding and continue to an empirical one, and finally it develops a structural model for the studied phenomenon. Thereafter, exploratory factor analysis (EFA), confirmatory factor analysis (CFA), and structural equation modeling (SEM) are utilized to empirically test the theoretical framework, and to produce a structural model for the studied phenomenon. EFA, CFA, and SEM have advantages in testing conceptual framework in the business studies context. The article give a summary for three subsequent phases (review the literature, qualitative, and quantitative methods) on using structural equation modeling in testing conceptual framework in the business studies context.