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What is the cost of a New York appearance enhancement bond?
The New York Department of State requires owners of appearance enhancement businesses to secure a surety bond. The areas of appearance enhancement include cosmetology, esthetics, nail specialty, natural hair styling and waxing. The bond amount is $50,000. The length of the bond’s term is ONE-year from the date of issuance. Bondholders must renew the bond before it expires if they wish to continue business operations.
Our underwriters have to analyze your credit report and financial history before they can determine your premium for this bond.
Complete our online application to get started. Our team of surety specialists make it a priority to simplify the bonding process for you!
Why do I need this bond?
Appearance enhancement bonds keep practitioners responsible for their actions on the job. If the practitioner fails to adhere to the terms and provisions specified by this bond, then the bond may be actionable. Unlawful practices include:
- Fraud or bribery in obtaining a license or passing examination
- Including false information on an application
- Failure to display your license in a prominent location
- Having open sources of ignition
- Permitting practice of barbering at location without barber shop license
- Using disinfectants that are not EPA-approved
- Preparing or selling food or beverages on the licensed premises
- Mixing chemicals without adequate ventilation
- Using products without proper manufacturer label
For a comprehensive list of appearance enhancement business rules and regulations, check out Article 27 of the General Business Law in the “Additional Resources” section.
In addition, practitioners must take a certain number of hours in their respective discipline and past an examination before they can receive licensure. The required hours are as follows:
- Nail specialty: 250
- Esthetics: 600
- Natural hair styling: 300
- Cosmetology: 1000
- Waxing: 75
Have any questions? Give us a call at 1 (800) 308-4358 or complete a bond request application and one of our surety specialists will walk you through the bonding process!
What’s the fine print?
The New York Department of State obligates anyone who runs an appearance enhancement business to first obtain a surety bond. The bond requirement is $50,000 and is credit-based. Although the license lasts for 4 years, the bond must be renewed annually. If the surety decides to terminate the bond, it must provide the New York Secretary of State a 60-day written notice of cancellation before it takes effect. This means the surety remains liable for any and all claims made against this bond during these 60 days.
How to start an appearance enhancement business in New York
Owners of appearance enhancement businesses in New York must receive an approved appearance enhancement business license before commencing operations. To apply for an appearance enhancement businesses license, you must be at least 18 years old. The following must be included with the license application:
- $60 registration fee
- $50,000 surety bond
- Applicant name, address, email & phone number
- Business name & address
- Background data
Although appearance enhancement business licenses give you the ability to legally operate a business of such nature, you cannot provide customer service unless you receive an approved license in your specific discipline (waxing, esthetics, cosmetology, etc.). You can find the applications for these disciplines in the “Additional Resources” section. Both licenses are valid for 4 years from the date of issue.
To receive your appearance enhancement business license, you must file a surety bond. Click here to fill out an online bond request form and we can send you a free quote!