Logo design for online store needed ASAP

I require a logo for a new online store. The online store does not retail any specific items but will have 'a bit of everything'. The logo needs to be eye catching and memorable, apart from that you have full creative freedom to come up with some samples. The logo is required ASAP so would like to see initial drafts with 24 hours. How I Work: I appreciate everybody has their own way of working, so I feel it is best that I outline what I expect and what the milestones will be. 1) If you are interested in taking on this project then start by placing a bid. 2) show me a sample broadly based on my design brief, I need to see what you can do for me. 3) If I like your work and your bid is reasonable then i will award you the project and make 20% of the payment. 4) You then begin work on the project and get back to me with drafts, queries etc. 5) Once you have shown me a few designs that I like and I have selected the final design, I will make 40% of the payment. 6) Once you send all source files and hand over all rights to me, I will then make the final 40% of the payment.