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I totally agree with bluepenguin’s comments.

You need to think of your logo as a long term investment. This will be something that is attached to your business for “hopefully” a very long time and will be everyone’s way of identifying you. Also be very careful when it comes to who actually has copyright over the image, as you may get some surprises.

I know its always hard if you have a tight budget, but don’t always think the cheaper option is the better option – as you do tend to get what you pay for.

We do logo design from time to time, if you would like to discuss options – feel free to contact me.

Best of luck with everything!