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If you are switching jobs:
"I'm leaving the business" is really a phrase that requires a lot of courage. When pronounced at the incorrect period or in the wrong way, it can have a very negative effect on your profession. You can find a job offer you with another business where the pay is higher, but you remain not sure if that work place will be better then the current one. After all, it is not all about the amount of money. Imagine if you afterwards change your brain? After all, this is simply not a straightforward decision. Needless to say your boss can forgive you and consider you back, nonetheless it is not guaranteed.
