I am considering baking a cake on a Thursday and decorating it Friday for a Sunday event. Would the cake hold out that long? Thanks in advance!

Yes, especially if it is cool where you are or you can keep it in the frig.
Almost all of us have b aked cakes on Wed for Sat weddings w/o problems.

Thanks for your quick reply! After I posted this I checked out the thread about freezing cakes. I am little uncertain about how one would go about this. I am wanting to do a two tier (10 and 14 in) cake. Do you think that it would be difficult to wrap something this size?

At all the bakeries I have worked at have baked cakes on Tuesday or Wednesday for weekend orders. as long as you wrap it well and store it in the refrigerator you will be fine.

dont bother freezing... fridge is fine.

the shop i worked at backed monday-tuesday for sat cakes and left them out wrapped on the shelfs

Thanks! I would love to do this but am not sure that my fridge can handle this much cake!

I use the press and seal to seal my cakes before putting in the freezer. I've had good luck with that. it's easier to work with than the saran wrap.