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Winthrop, MA is a small community located just north of Boston, MA. According to Winthrop, MA (n.d), the small town has several local shops, restaurants and beaches, which attract several tourists every summer (paras. 1&2). Winthrop requires additional resources for efficient recovery of an informal economy.
Many small businesses have been established in Winthrop. According to Phillips (2015), small businesses are more susceptible to failure of disaster recovery due to lack of financial resources (p. 248). Small businesses need to establish strategic plans for recovery resources, such as loans and saving funds. According to Phillips (2015), the federal government does not offer businesses grants for recovery, only low interest loans (p. 266). Winthrop needs to establish relationships with partners to ensure small business owners have support in disaster recovery.

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Winthrop, MA is a small community located just north of Boston, MA. According to Winthrop, MA (n.d), the small town has several local shops, restaurants and beaches, which attract several tourists every summer (paras. 1&2). Winthrop requires additional resources for efficient recovery of an informal economy.
Many small businesses have been established in Winthrop. According to Phillips (2015), small businesses are more susceptible to failure of disaster recovery due to lack of financial resources (p. 248). Small businesses need to establish strategic plans for recovery resources, such as loans and saving funds. According to Phillips (2015), the federal government does not offer businesses grants for recovery, only low interest loans (p. 266). Winthrop needs to establish relationships with partners to ensure small business owners have support in disaster recovery.