Color Palette:

1. Color Name: Navy Blue
   Hex Code: 
                            
                            #000080
                        
   Palette Description: A deep, rich blue color that exudes professionalism and sophistication. Perfect for business-related designs.

2. Color Name: Mint Green
   Hex Code: 
                            
                            #98FF98
                        
   Palette Description: A refreshing and vibrant shade of green that adds a touch of liveliness and energy to any design. Ideal for creating a fresh and modern aesthetic.

3. Color Name: Ivory
   Hex Code: 
                            
                            #FFFFF0
                        
   Palette Description: A simple and elegant off-white color that brings a sense of cleanliness and purity to designs. It provides a subtle and gentle touch.

4. Color Name: Steel Gray
   Hex Code: 
                            
                            #808080
                        
   Palette Description: A versatile and neutral gray color that symbolizes professionalism and simplicity. It adds a modern and sleek look to any design.

5. Color Name: Pale Pink
   Hex Code: 
                            
                            #FFC0CB
                        
   Palette Description: A gentle and delicate shade of pink that conveys a sense of softness and femininity. It adds a subtle touch of warmth to designs.

6. Color Name: Goldenrod
   Hex Code: 
                            
                            #DAA520
                        
   Palette Description: A warm and inviting golden yellow color that brings a sense of optimism and positivity. It adds a touch of vibrancy to designs without being overwhelming.

This single color palette consists of seven colors that are business-oriented, refreshing, simple, and gentle. It combines deep blues, vibrant greens, neutral grays, soft pinks, and warm yellows to create a versatile and harmonious color scheme.