Sometimes businesses have to close their doors and end their operations. This could be due to various reasons such as financial difficulties, moving locations, retirement, or selling the business. In these cases, "close shop" is a common term used to describe the process of shutting down a business. However, there are other synonyms for "close shop" that can be used to add variety to your vocabulary. Some of these synonyms include shut down, cease trading, wind up, go out of business, wrap up, and end operations. These synonyms can be useful for writers, speakers, or business owners who want to express themselves in different ways.