In a large bowl and with an electric mixer, beat together cream cheese and dry ranch mix until smooth.
Stir in 1 cup of the shredded cheddar cheese, half of the green onions, and half of the bacon. Using a rubber spatula and your hands, shape the mixture into a ball.
Wrap in plastic wrap and chill in the refrigerator until ready to serve.
In a small bowl, combine 1/4 of shredded cheddar and the rest of the green onions and bacon. Store in a airtight container in the fridge next to the cheese ball until ready to coat.
Just before serving or up to an hour in advance, take the cheese ball out of the fridge. Spread the cheese/bacon.onion mixture out in a shallow dish and set the cheese ball in the middle. Gently press the mixture into the cheeseball, coating all sides. Chill until ready to serve.
Notes
Make Ahead: You can make this recipe up to a week in advance leaving the outside uncoated. Wrap it tightly with plastic wrap and store in the fridge. Coat with the shredded cheese, bacon and chives before serving and keep refrigerated until ready to serve.
Leftovers: Store in an airtight container in the fridge for up to 2 weeks, depending on the freshness of the ingredients.
Freezing: Tightly wrap (without outer coating) in plastic wrap then with foil. Store in the freezer for up to 3 months.
Spray your hands with nonstick cooking spray to keep them from sticking.