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.
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Making the Best of Major Decisions
There is an epidemic going around America today. Thousands of people have a genuine challenge with simply making a decision.
TAKING TIME TO MEASURE YOUR PROGRESS
Consider using the following questions in the financial analysis of your business. The first question, “What is our current performance?” In the area of finance, we would naturally consider measures such as profitability, cash flow and debt service coverage. Many of us study expense items when our revenue is lower, as in 2006, 2009 or 2015. I would challenge you to review these line items in the good times as well.
If I Ran the Circus…
What a tumultuous year! The last twelve months in the dairy industry looked like a cross between two of Dr. Seuss’ children’s books.
Are You Always Running Out of Time?
This article is based upon the teaching of author Steve Chandler, whose work I admire and follow closely. However, the story is also based upon an actual Client relationship of mine.
Ahead of the Game!
I love the following quote from General Eric Shinseki of the U.S. Army: “If you don’t like change, you’re going to like irrelevance even less.” What is he saying? We’ve got to keep up with change! Be like the Boy Scouts, who are always ready to – “Improvise, Adapt, & Overcome!”
How Does He Do It?
In this blog, I thought I’d share some thoughts on efficiency. The efficiency measure I want to discuss, though, is one tied to the conversion of assets into bottom line profits.