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If you are switching jobs:
"I'm leaving the business" is a phrase that requires a lot of courage. When pronounced at the wrong time or in the wrong manner, it can employ a negative effect on your career. You may get a working job present with another business where the pay out 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 amount of money. Imagine if you afterwards change your brain? After all, this is simply not an easy decision. Of course your boss can absolve you and take you back, but it is not guaranteed.
