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If you are switching jobs:
"I'm leaving the business" is a phrase that requires lots of courage. When pronounced at the wrong period or in the wrong way, it can have a very negative impact on your career. You can find a working job offer you with another firm where the pay is higher, but you remain uncertain if that work place will undoubtedly be better then your current one. After all, it is not all about the amount of money. Imagine if you later on change your mind? After all, this is not an easy decision. Needless to say your boss can forgive you and take you back, but it isn't guaranteed.
