A while back, Hal Pomeranz put out a great series of articles about his experiences going it alone. I'm linking them here as they have helped me, and others can get some benefit from them.
Enjoy. And I hope they help you as much as they have helped me.
Part 1 - The Case for Consulting
Part 2 - An Important Cash-Flow Lesson
Part 3 - Billing Rates
Part 4 - Insurance Matters
Part 5 - Finding Work
Part 6 - Work Finds Experts
Part 7 - Work? What Work?
Part 8 - Avoiding Overhead
Part 9 - Knowing When To Say When
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