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You have not said where you are in the season.
This is not a tycoon style game so your influence over income is limited.
The only way, apart from selling players, to generate quick cash is to arrange friendlies with the largest reputation clubs possible.
If you can last the season losing all the players may not be so bad as it will give you complete freedom within your wage budget to sign players who may well be better than the current squad, especially released youngsters.
Otherwise you may have to put it down to lesson learnt.
Don't just take the job advert as gospel.
Click on the club information screen and look at the finances evaluation, particularly debt level.
If it is poor or insecure you may want to think twice before accepting
If you still have the January window to come, consider selling/loaning some players you no longer need then. You're unlikely to get huge cash offers in the lower leagues in Scotland unless you somehow find the next Messi as a regen, but the savings on wages should allow you to renew a couple of contracts. Also, don't worry too much about building a team for next season if you lose a lot of players. Every club has a large turnover of players in Scotland's League 1 and League 2, since most are only on one or two year contracts. There will be plenty of players looking for a club who are good enough for your level, and you might even be able to re-sign a couple of the players you lose on lower wages.
I'm mid-table and well in first, I'm almost certain that I'll get automatic promotion back to the Scottish league 1 (3rd tier)