Begin by setting out your ingredients to ensure a smooth workflow. Soften the cream cheese and cheddar cheese at room temperature for about 15-30 minutes until they are easy to mix.

In a large mixing bowl, combine the softened cream cheese, shredded cheddar cheese, and bacon bits. Add the ranch dressing mix, chopped black olives, finely sliced chives, a dash of Tabasco sauce, and Worcestershire sauce. Mix until thoroughly blended and smooth, about 3-5 minutes.

Taste your cheese mixture for flavor, and season it according to your preference. Gradually add salt, pepper, and lemon juice, mixing well to ensure all flavors meld together beautifully.

Lay a large piece of plastic wrap on your counter and scoop the cheese mixture onto the center. Gather the edges of the wrap and gently shape the mixture into an oval form. Wrap it tightly and refrigerate for at least 1 hour.

Once the cheeseball has chilled, unwrap it carefully. Begin decorating by studding the flattened end with slivered almonds. Use whole or cut olives for the eyes and nose.

Prepare to serve your creation! Place the decorated cheeseball on a serving platter and garnish it with fresh herbs. Offer assorted crackers and vegetable sticks alongside.