But before you take the plunge, make sure that you've given the idea plenty of consideration.
It's hard work.
It's an obvious one.
To get a new freelance business up and running, you're going to have to put in a lot of legwork.
Unless you're very lucky and have a load of savings or a spouse who'll support you, you'll probably have to try to get the wheels in motion whilst still in paid employment, and that can mean evening and weekend working.
Most freelancers have to sacrifice their spare time whilst they're building up their business and acquiring clients.
For the majority of freelancers, things tend to get easier after the first year.
Stick at it.
You'll have to deal with feeling insecure Well, it's not a given, but the majority of freelancers feel an amount of anxiety when they first leave paid employment - if you're used to receiving a regular salary, knowing when the next pay cheque is coming can be quite daunting, especially when there is a mortgage and bills to pay.
Try not to let it get to you and keep persistently and professionally looking for jobs.
Then when you do get them, try to manage your budget so that you can keep a 'buffer' in the bank.
Knowing that you have a reserve of funds, even if it's only a small one, will take the edge off the nerves should you have a dry spell.
You'll lose the 'perks' you're used to Paid lunch breaks? 25 days holiday a year? Company car? Health insurance? All of these things will become a thing of the past once you start freelancing.
However, with careful planning and discipline you can still enjoy a healthy work/life balance and take advantage of the flexibility that freelancing offers.
You can always take out a private health insurance policy if you're unwilling to lose that particular perk.
You'll have to do it all yourself You'll have to be the marketing department, the admin team, the accounts administrator, the IT guy.
Being a freelancer requires you to turn your hand to all sorts.
You'll be a regular renaissance man/ woman before you know it.
Don't be afraid to ask for help from contacts - people usually love to share their expertise.