Yes, we archive all logos and make off-site backups. If you ever loose your logo files, you can simply log in to the client area and download a fresh set of logo files.
Backups are also handy for when you need changes to the logo. Changes after the finalization of the logo won't be free, but because we have the logo on file we don't have to redesign from scratch so changes will cost a lot less than the original design work - and a lot less than if you go to another designer for the changes :)
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We would be happy to discuss logo options and point you in the right direction.