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If you are switching jobs:
"I'm leaving the business" is really a phrase that will require lots of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative impact on your profession. You may get a job offer with another business where the pay is higher, but you are still not sure if that ongoing work environment will undoubtedly be better then your current one. After all, it is not all about the money. What if you later on change your brain? After all, this is not a straightforward decision. Needless to say your boss can absolve you and consider you back, but it isn't guaranteed.
