There are a few things you can do to try and save your business from closing up for good. The first is to find what the root of the problem is. There has to be a reason as to why the business is failing. Is it not being able to collect invoices? Does the business model need to be restructured? Once you are able to find the problem, you will be able to fix it.
After you have found the problem that has been causing your business to fail, find what opinions would be best for you. Just because the business is failing does not mean you cannot turn it around and start making profit again. Come up with the best solution to the problem and act upon it ASAP. The quicker you act on fixing the issue, the faster your business will make a turn around.