If you have the skill for the software, you could design a neat website log in Photoshop.
Don't use Photoshop just yet! Trust me, I studied design and I made my avatar which you can see to the left.
First things first. The best and most basic tools are a piece of paper and get doodling. This will get your mind motivated. Then, if you have the money you can use Adobe Illustrator which is what the professional designers use or you can download FOR FREE a program called 'Inkscape' - http://inkscape.org/download/ - which is similar to Illustrator. Next, use Photoshop or the FREE alternative 'Gimp' - http://www.gimp.org/downloads/ - and use this to give it a more professional look.
Both websites I've given you are virus free btw
If the logo(s) is only ever to be used on a website, then any of the graphics programs, such as Photoshop, Illustrator, Corel, Freehand etc. are suitable.
However, if the site owner is ever likely to need printed stationery, (to include the logo), then the best option is Illustrator.
Logos using more than one colour, and designed in Photoshop, can only be printed using a 4 colour process (CMYK). e.g. if the logo is designed using just red & black in Photoshop then it would still need to be reproduced using a mix of CMYK, (Cyan, Magenta, Yellow & Black). This means that all the client's stationery would need to be printed in 4 colours, (expensive!).
This is ok for business cards, but when you factor in such things as letterheads, compliment slips, printed envelopes, NCR forms (Invoices, Credit Notes, Statements) etc. etc. then costs are going to be a major concern.
Illustrator can produce the logo as 2 spot colours, red & black. Spot Colours are explained here: http://www.castleprint.co.uk/spot-process-colours.html
This significantly reduces the costs of stationery, especially NCR forms, printed envelopes & continuous stationery (computer forms).
Most professional logos are created in Illustrator for that reason.
Hope this helps.
My 2 cents is listen to Richard, of the 3 comments he's spot on. Start with the basics. Folks needed logo's long before computers so get out that paper and pencil!
Corel Draw would be your answer it is extremely advanced tool for designing logos
Or you could simple ask the master to create one for you, because I believe my art should be shared with the World free of charge and can create anything you can think of on or off the computer all you have to do is ask?
Or this method works really well go to anyone of my hubs, read it and then leave a comment extolling my greatness and you go to the top of the list.
All of the artwork on my hubs I have created and takes me less time than your common bowel movement!
Here is a link to My Site showing off my skills http://web.me.com/somethgblue/Site/Welcome.html
http://somethgblue.hubpages.com/ since it is obvious I have no equal as an artist and writer the choice would seem to be a no brainer, however if you attempt to do it yourself I would suggest growing some skills, after all it isn't the software but the manipulator of said software that makes the difference!
I completely agree with Justom. Get your pen and paper and start designing.
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