There are two ways of doing it.
Update Business as Inactive: You can update the status of your business as Inactive and add a custom note also to share it with public. In this case, all published coupons in this business are unpublished, and you can change the business status to Active, anytime. This does not cancel your subscription.
Cancel the Subscription: You can cancel the business subscription and yes, you can renew it later anytime. However the amount that you have paid for this business is forged when you cancel it and even if you plan to renew it within a few days, you need to pay for the new subscription.