A collection of blogs and other writings
from John Ellsworth
Even More Ways to Achieve Financial Success
Ask John Ellsworth of Success Strategies
John’s dairy industry service spans 25-years in strategic planning, debt restructuring, and cash flow management. John knows farm finances and what your bank expects.
Call John at 209-988-8960 or Send him an email:
Building Your Business Confidence
I am sure you’ve heard the age old advice: “Be careful what you ask for. You just might get it.” With that in mind, let’s shift our focus to a much more proactive approach, because these negative questions can, indeed, take you to some very disappointing and depressing results.
The More it Changes, the More It Stays the Same…
While there are many profitability variables to contend with, and this research does not suggest that ignoring one of the lower correlated variables would ever be a good idea, the top three are all ones that I have had the opportunity to deal with in each and every financial turn-around situation.
In Defense of the “Mean” Vendor
I am not making light of the fact that the dairy industry has had a tough 2015-2017, or, for that matter, that all industries have their moments when cash flow is tight. However, the vendors that he was referring to had been extending him as much credit as they possibly could these past 27 months. However, they were running into two big issues.
BANKING ON RELATIONSHIPS
One of the most common problems faced by many business people today revolves around their ability to obtain the financing they need.
Redirecting Your Business Focus
Wow! This is true for so many of us that run our own businesses, including myself. I would like to suggest that we start to focus on the items that really matter, the reasons you are actually in business to begin with.
Where are you now? Do you know where you are headed?
Let’s face it. This year and 2015 have both been tough financially! So, how are you faring these days?