Question

Carly, an entrepreneur, has opened up a bakery. How might Carly’s work in the business be different in her first year of business than it may be in her tenth year?

(1 point)

In her first year she will likely write off expenses on her taxes; in 10 years her business likely will have grown so she won’t have to do this anymore,


In her first year she will likely hire staff to teach classes; in 10 years she will probably niche down and teach specific extracurriculars herself.


In her first year she will likely operate a franchise model; in 10 years she will probably convert to an LLC structure.


In her first year she will likely fill every role in the bakery herself; in 10 years she may likely have filled those roles with employees

Answer 1

In her first year she will likely fill every role in the bakery herself; in 10 years she may likely have filled those roles with employees.

(Option 4 — early-stage founders often do most tasks themselves; as the business grows they hire staff and delegate.)