Running a successful business can be stressful, especially when said business falls into hard financial times. When a company approaches insolvency there are several responsibilities of a company director. We’ve listed six steps you should take when your company is facing insolvency.  Be Transparent With Creditors: Creditors should always be one of the first points of contact, as it is your duty as a company director to act in the best interest of any creditors. Initiating an open and honest discussion about insolvency should allow you to gain their trust. It’s important to minimise as much loss to the creditors…