Do you know what the Home Box Office is? No? What about HBO? It’s the same thing, only the company used just the initials to make a more straightforward and more memorable logo.
Monogram logos or lettermarks are logos that consist of letters, usually brand initials.
It is a good option for businesses with long and complicated names. However, if you are in the process of establishing your business and want to get your name out there, you might want to consider a combination logo, and use the full name combined with initials.