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To refine and finalize logo designs effectively, start by conducting thorough research on the brand and its audience. Develop multiple design concepts and gather feedback from stakeholders and target users. Iterate based on feedback, focusing on simplicity, versatility, and ensuring scalability for different applications. Finally, conduct usability tests and ensure the chosen design resonates with the brand's identity and goals before finalizing. How can businesses ensure their finalized logo design aligns with current design trends while maintaining timeless appeal?