Hi daft,
If you want to do it,do it, I have been Self employed 26 years,it is great, BUT look on the downsides first, I will list a few,if you are happy with them then give it a go,
1 No Sick Pay
2 No Holiday Pay
3 Lots of Bookwork & Tax returns to do
4 Partnerships rarely work
5 Sort your own Pension fund
6 Are you self motivated
7 No guarenteed income
This is just off the top of my head, what I did was to tell people I was going self employed before I packed my job in, if you get a big job to do like say decorate a whole house,take payments in stages,if a job is �1000, and you are supplying materials get a �250 payment to cover materials then another payment half way through job, don't work too cheap,you will have vehicle insurance, road tax,public liability,tools to buy plus the maintenance of them, it is a great way to work but be strict,put money away for income tax, a �2000 bill at the end of the year is a bit of a git,
If I can think of anything else I will add later, good luck and think of a name people will remember, I know a girl who did cleaning as a job,she had a great name "Clean me up Scotty" have a long think before jumping in,good luck, Ray