Most new companies worry that the cost of designing their logo will be a costly affair. There are a lot of expensive designers out there, so this concern is very reasonable. However, there are also some logo designer firms out there that do not cost a lot of money. This is the type of logo designer that is in the business because they enjoy the work, not because they are trying to get rich.
Try to look you logo designer that offers excellent values for their work. You will want to work with a team that has a proven history of getting the work done right the first time. If you rely on a team of amateurs, then you may end up getting a logo design that is not up to your standards, which will be a waste of your time and money.