Most online free logo maker tools allow you to pair pre-made design elements with your business name to create your own logo. While this is the fastest and cheapest way to design your logo, it is not without its drawbacks. Some drawbacks include muted brand impact because of the lack of design novelty and limited logo files which can make it difficult to display your logo professionally in various contexts. If your business is a hobby, a free online logo maker can be a good place to start. Otherwise, we recommend investing in a professionally designed logo that will represent your business well for years to come.