That is the most banal, predictable observation possible on this subject.
If the council were run like a business, it wouldn't bothering to provide services that don't make a profit for its owners, like aged care or pre-school childcare or social services to try to keep kids out of abusive situations. Those ungrateful sods never put their hands in their pocket for anything. It wouldn't bother having environmental officers to stop take aways dumping their rubbish on the street. It wouldn't piss around maintaining parks or fixing street lights. It wouldn't fund firefighters or police.
If the council were a business, it would probably be much more interested in developing an app for getting gig "contractors" to deliver laughing gas in disposable plastic hookahs tax free to children so it can seek venture capital funding from Saudi Arabia and dodge VAT, or something. But the council isn't a business, and shouldn't be run like one, and we should be grateful for that.
https://www.southwark.gov.uk/council-tax/a-guide-to-your-council-tax?chapter=2