Yeh - Generally you would find each of the Channel Islands has its own attraction, aimed at either Business, People or Tourists.

Isle of Man (disclaimer, I live there) is definitely wired up to attract new businesses, through things like the Taxation and Government assistance.

However I've seen some business people move from the Isle of Man to Jersey/Guernsey, with the knowledge it would cost them more, but you can't buy sunshine yet!...