When a business is no longer able to operate, there are several synonyms that can be used to describe its closure. Some alternatives to "goes out of business" include "shuts down," "closes its doors," "goes bankrupt," "ceases operations," "closes down," "folds," "shuts its doors," "ceases trading," and "winds up." Each of these terms conveys the same message -- that the business is no longer able to function financially. It's important to note that the specific term used may depend on the context and nature of the business in question. Regardless of the term used, it's always a sad or disappointing moment when a business closes its doors for good.