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  I have been self employed in one guise or another for nearly 13 years and I have learnt alot. I think it depends on what it is you are doing, I have been lucky and for the last 8 years I decided to ditch premises and run things from home, keeps your overheads much lower.
  
  To be successfull you will never stop thinking about work or planning something, even on holiday, we have traveled all over the world with a laptop for the last 8 years, its just something you get used to.
  
  Yes you have to do a tax return but then again with a good accountant you will benefit by having to do this. One thing that you MUST learn is that 'cash is king' protect your cash flow more than anything else as without it your sunk. I also wouldn't risk too much to begin with, i.e. don't remortgage your house to fund things.
  
  I wouldn't go and take a fulltime job now I completely agree with Barry I would think I am pretty unemployable now in anycase!

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