Here’s an excellent post from one of my favorite blogs:
A buddy of ours recently asked for our advice on how to go out on your own as an architect. It’s an interesting question primarily because of the timing and the current economy (or lack thereof). But despite the slow industry, we think its the right time to establish your own firm. While the market will remain slow for a while (probably over another year), when it does pickup, the architects left standing will be flush with work. We see the economic recession as a good time for positioning. While there isn’t a lot of work out there right now, there is much to do to make sure you get work later.
Entrepreneur Architect 