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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 wrong time or in the wrong manner, it can employ a negative impact on your profession. You can find a working job offer with another company where the pay out is higher, but you are still not sure if that ongoing work place 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 an easy decision. Of course your boss can absolve you and consider you back, but it is not guaranteed.
