Lorem Ipsum is a classic example of a word that can be easily created in Photoshop. To create the word, simply select the text you want to create a logo for and then click on the Edit button. Once you have clicked on Edit, you will see a new window called Layers. This window will allow you to select which layer(s) to use for your Lorem Ipsum logo. The first layer you should select is the Background layer. This will be your main layer and will be used as your background for all other layers in your logo. Next, select the Font family that you want to use for your Lorem Ipsum logo. You can choose any font that you like, but I recommend using Arial or Helvetica because they are both very popular and easy to find online. Once you have selected the font family, click on OK to close the Edit window and return to your Layers window. Now, click on the + button next to the Background layer and add a new text block called Lorem Ipsum Text Block 1. This text block will contain all of the text for your logo! Now, click on OK again to close the Layers window and return back into Photoshop. You should now have a brand new Lorem Ipsum logo ready to go!