Closing a business ends its paid plan
When you close a business that is on a paid plan, the plan now ends with it. The business stays open until the end of the period you already paid for, then closes, and the card saved for it is removed once its last charge is settled. Closing cancels the plan the way cancelling it does: extra events recorded so far this period are billed and charged right away, and recordings past the included events pause until the business closes. You get an email with the closing date, and the cancellation page and Billing show it. You can stop the closing until that date; the business stays open and the plan still ends with its period, and you can keep it from Billing where your agreement allows. A business with no paid plan closes at once, as before.