Archive for July, 2009

quick commercial sale

Your company’s collective knowledge and know-how is its greatest asset not the products or services you offer; products and services are merely the means to implement your expertise. Your capacity to grow and prosper is dependent on your ability to effectively present your know-how in creative, informative, entertaining, understandable, and above all memorable ways.

To excite, inform, and motivate people by showing them how to get the most out of what you sell is where your profit potential lies. The way you present your expertise is how you will be remembered; it is the basis of the experience each client has when dealing with your company, and that experience is what will make or break you.

The Web-Experience Factor

There is plenty of excellent information around about website design, information architecture, search engine optimization, and even usability, but few Web-business articles deal with the experience factor. No matter how attractive, user friendly, or SEO perfect your website is, you are never going to convert visitors into a customers if they are turned-off by the experience you offer.

By providing your expertise and know-how with style and flair, you are telling visitors that you are prepared to help them maximize the benefits your product or service potentially delivers - a value-added benefit your competitors will find hard to counteract.

When so many products and services on the market are generic, interchangeable or widely available brands, the only thing that will differentiate you from everyone else is the knowledge and expertise you offer as a value-added perk.

The Paradox of Choice

‘The Paradox of Choice’ is a term coined by Swarthmore College Professor, Barry Schwartz, in a book by the same name. Everyone likes choice, this is obvious, and no one likes to feel they have no options. But when options become overwhelming, the ability to make a purchase decision is hindered. Too many choices generate a diminishing marginal utility and actually hinder conversion.

When you visit a website that offers a large quantity of similar products that serve the same basic purpose (cell phones, cameras, computers, televisions, guitars or just about anything else) each with a list of options and features that seem interchangeable and at the same time incompatible, the result is confusion and buying-paralysis. This is where your knowledge and expertise comes in.

If you invest in a video and/or audio presentation that explains who would benefit from each product and why one product is more appropriate for one customer than another, you are not just delivering a sales pitch, you are providing a welcome service that helps your visitor decide what is best for him or her. The result is a happier, more satisfied, better-informed customer.

Even more importantly, by helping your client decide what is the best purchase option, you are cementing your relationship with that customer, and when the time comes for an upgrade, replacement, or add-on, you will be the ‘go-to’ company, and not your competitor who offers nothing more than an online flee market.

How To Monetarize Knowledge

Depending on the nature of your business, you can market your expertise directly through the sale of online videos, DVDs, audio-casts, and white papers.

As an alternative, you can use your knowledge as an indirect sales tool. By providing professionally produced media at no cost, you enhance your reputation and attract interest in your company. For example, we provide over fifty articles, and dozens of videos on our site, explaining how best to use video and audio on the Web in order to brand Web-businesses and maximize profits.

A kind of hybrid solution would be to provide your video presentations at no-charge, but allow them to be monetarized by including a sponsor’s ad at the beginning or end; or you can distribute them through one of the increasing number of video directories, or distribution networks that will add an advertising message to your content, and pay you for the privilege.

How To Turn Advertising Into Content

The idea of turning advertising into content leaves some people with a bad taste. Television commercials are a distinct form of communication separate from the programs you watch, and display ads in magazines and newspapers are separate and distinct from the editorial.

But now you have movies, where ad placement has become a significant force in funding and revenue creation for the producers. Are you watching a movie intended to entertain, or a two-hour advertisement for the latest cars, computers, and sports drink? One wonders if the latest blockbuster is merely a fifty million dollar ad for the upcoming Christmas toy-buying season?

The melding of advertising and content is already here; it’s just a case of doing it honestly and creatively, making it worth watching. The Apple iPod commercials are basically sponsored music videos and are more entertaining and memorable than many hour-long programs, and they do it without any sales pitch.

Memorable Web Experiences Require Memorable Content

Web-content should grab your attention, be informative, instructive, interesting, entertaining, memorable, and even stimulating. It doesn’t necessarily have to be all these things but it has to provide something more than just a sales pitch.

The actual material being presented is only part of the experience; it’s the presentation of the material that makes it worth retaining. How you deliver content is a long-term marketing and branding strategy.

Most advertising tends to be a short-term tactic demanding continuous promotion with short-term gains; it is most often heavy-handed and hype-laden, tending to exaggerate claims, disrupt attention, and irritate the audience: an approach that often leads to a quick exit from a website, even when that website contains exactly what the visitor is looking for.

Sales pitches produce a natural resistance, while knowledge-based content and expert advice creates natural curiosity and confidence in the provider.

Web-video delivers information and subtext with nuance and meaning, as well as emotional and rational justification. Professionally produced video content communicates your expertise and your willingness to maximize your client’s return from purchasing your product or service, and that will make you the market leader.



Quick House Sale
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commercial lease

Houston may seem like a city past the development stage, but the growth of this bustling metropolis is far from over. In fact, recent years have seen a boom in commercial real estate Houston and in the number of residential properties being built. If you are looking to invest in commercial land for sale Houston, now is the perfect time to do so. But before you begin, there are some tips that will help you to get the biggest bang for your investment buck.

First, master planned communities are the new hot commodity in the Houston area, both for residential and commercial investments. If you are on the hunt for commercial land for sale Houston, begin with a search of the new master planned communities in the area. These neighborhoods will include property for residential development as well as numerous retail sites. The retail pads that are available in these communities show great potential for profit margins in the center of these busy communities.

A good way to get in on the ground floor (so to speak) of commercial real estate Houston is to purchase as much ground lease for sale as possible while you can. Ground leases allow an investor to purchase the land itself and then rent it to a developer that will build upon the site. Ground leases can range from five to 30 years, and can be a tremendous benefit to those who can afford to invest in the land but do not have the capital to put into developing a building.

Another good way to invest in commercial real estate Houston is by a triple net lease that will allow you to rent your property without the worry of taxes, insurance or upkeep on it. The tenant is responsible for all of the above, and will do so with great care since a well-maintained site is essential to building and keeping business. Triple net leases are generally longer terms that can go as high as 50 years in some cases. The benefit to the tenant is the ability to perform updates to the property as an owner would without the high cost of ownership.

While either of these types of real estate investments comes with numerous advantages, there are risks involved as well. The best advice is to speak with both commercial real estate agents and attorneys before making the move on commercial land for sale Houston.



Rent Back Fast
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Jul
14

Lease Commercial Property London

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commercial lease

Leasing commercial property in London is a whole different ball game from leasing commercial property in other areas of the United Kingdom. There are many pitfalls which leasers may miss if they are not familiar with this area of the market. If you are looking for a commercial property London then contacting a local property agent in London will ensure you are aware of the best locations and the kinds of price variations to expect in the area, as well as any other useful tid bits insider knowledge can get you. This will make sure that you get the best deal for you and that you are aware of the benefits and pitfalls from other local businesses before you take up residence.

So here is an overview about each major type of commercial property. The main areas of the commercial property market are shops, industrial units, and offices.

Industrial units in the commercial property sector are most often available on flexible contracts and as a less competitive commercial property area you can come across some quite good lease deals. If you are thinking of leasing industrial property in London you will expect to pay the premium for the capital city location which is also why it is extremely important to find a commercial property specialist who can help you benefit from their expertise and assistance you in negotiating the best deal, they can even draw up a contract on your behalf.

Leasing commercial property in the form of retail shops is an extreme factor when assessing the possible success or failure of your business. Knowing your commercial property’s location inside out is essential as choosing the wrong location can mean instant stigma attached to your property. This can be a good thing, such as a commercial property Covent Garden address, or it could be bad if you are in an unpopular area with a high crime rate.

A further popular use of commercial property is the classic serviced office space. London is full of serviced office space and it is a really popular route to pursue as a serviced office provides a whole range of different benefits. Serviced office space London is popular firstly due to only having to pay one total sum of money for the rental of your serviced office which includes all bills such as electricity, heating, internet, cleaning, and manned reception. This not only saves hassle but makes sense as you have less need to use up precious time sorting out all those mundane bills. It means there are no unwanted hidden charges and you can focus on the more important things, like work! It is also great not to have to worry about cleaning, like the windows or emptying bins, as in a London serviced office all this is done as part of the deal!



Quick House Sale
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quick commercial sale

If you are just starting out as a real estate agent, it can be difficult to get started selling commercial real estate. However, commercial real estate is the big money maker in the real estate business. Since commercial real estate has become quite popular since it is such a money maker, it can be difficult and expensive to get started in this type of real estate. There are, however, a variety of ways that you can get started and start getting more commercial real estate deals if you are willing to do a little work.

Online Free Ads

One great way that you can get started in selling commercial real estate as an agent is to use inexpensive methods of advertisement. One great way to get the word out there about the property you are trying to sell is to use free online ads. There are a variety of different websites that are available for you to post classified ads on that list a property, or even multiple properties for sale, and the great thing is, you will not have to pay a penny. Not only is this a cheap way of exposure, but it is also a quick way to get your property noticed. Many times, your ad will be seen quicker when you put it on the web and by many more people. Local newspapers take more time and money to get you the exposure and only reach a local group of people, while advertising with free online ads can get your world wide exposure and help you sell the commercial property.

Free Real Estate Publications

Another way that newer real estate agents can get their commercial properties noticed is to advertise them in free local real estate publications. Whether it is a publication specifically for real estate or a publication that only includes real estate, this is a great way to advertise your property for free. This is an excellent way to gain local exposure, not only for the commercial property you are trying to sell, but also for you as an agent. Make sure that you continue to run ads for your property in these types of publications. Even though at first you may not see results, remember that many times it takes awhile for commercial real estate to sell, but perseverance can lead to a large pay off when you finally sell the property.

Quality Signs

If you are trying to sell a commercial property, especially one that is near a well traveled road, you may want to invest in a quality sign to advertise the commercial property. A small unprofessional sign may not attract any attention at all, but a larger sign that is well crafted and attractive can get the attention of many people who are driving by. You never know who may drive by the property and see your sign. While it will take a bit of money to get a great sign, it will be worth the money that you spend to get your property noticed. One never knows when a local business will need a new site, or someone with money to invest will be looking for an opportunity, and your sign will make sure that they will see your property when they drive by, which may lead to a sale.

Establish Business Connections

As a new real estate agent, one of the best things that you can do is to start establishing business connections with a variety of different people. Speak with other real estate agents that are successful in selling commercial real estate and learn from their mistakes and their successes. Also try to get involved with local business people and know the market that you are trying to sell in. Often, if you can get the word out that you have a great piece of commercial property, it may spread to the right business people that will want to check it out. A great deal of being successful in the commercial real estate market has to do with the connections that you have, so work on making various business connections.

Find Your Own Leads

Even if you are working in a broker’s office, you should not expect the leads to be coming your way within the office. More than likely any leads within the office will be given to someone with more experience in commercial real estate until you have proven yourself to excel in this field. You will have to take the initiative to get the job done, and it is possible with a great deal of hard work. Check out the Chamber of Commerce in your area and find out who the business people are. You may also want to attend local zoning meetings where you will meet prospective investors who are looking for great properties. Even hitting up your local golf courses can help you make friends with local business people who may be prospective clients.

While it may be difficult to get started as an agent in commercial real estate, it is definitely possible if you are willing to work hard. Using the internet to advertise as well as free local publications can get the word out quickly and inexpensively so you will save money and get a broader base of exposure for what you are selling. Signs will also provide great exposure and show that you are serious about the commercial real estate business. Also important is making the right contacts and finding your own leads so you can excel in this business and prove to be a great commercial real estate agent. There is a great deal of money to be made in the commercial real estate industry, and hard work, dedication, and patience on your part can help you become successful.



Rent Back Fast
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quick commercial sale

Do you own a restaurant, diner or coffee shop? If you do, then you have no doubt had customers requesting espressos. If you have a lot of customers wanting the best espresso that money can buy, then you owe it to yourself to invest in a commercial grade espresso machine. A commercial grade espresso machine will not only churn out espressos with record speed to handle the large influx of customers, but you’ll also get the best espressos that can only come from such a machine. Once word gets out that your store is offering a great and consistent cup of espresso, you will have customers beating down your door. If you don’t believe me just take a look the growth chart of Starbucks stores across the country, although..they grew a bit too fast and had to close a few of their stores recently.

How To Compete

Coffee shops have quickly become the in thing. Places like Starbucks, McDonals and Dunkin Donuts all offer a high priced, high quality coffee, and many are now also offering espressos. The only way to compete with these big named places, however, is by offering your espressos made from commercial grade espresso machines, although you may have to start out by offering them much cheaper than these big name competitors. You will be able to afford to offer them cheaper when you start pumping out espresso after espresso with your commercial grade espresso machine. Most commercial grade machines are ultra powered so they can make espressos faster and because your overhead is likely lower than the big named places, you can offer them cheaper. If customers find out you offer a equal or superior product at a much lower price they will convert to your brand in no time and word will quickly spread about your great espresso.

Advertising

Once you get a commercial grade espresso machine, and start churning out espresso after espresso you will need to make sure you advertise heavily that your store is offering great espressos at a lower cost than your competitors. America is crazy about its caffeine and you’ll likely have customers lining up just to get their caffeine fix. When they see how fast you can make espressos, and how good they are, when they are made from a commercial grade espresso machine, the customers will flock to your establishment like you wouldn’t believe.

Increase Your Business

It’s a proven fact that once you have a commercial grade machine you can expect an influx of customers to your business. Most coffee shops are busy all of the time. Many have created an environment for people to come and relax. Many shops now offer free internet access and may offer books for sale or have magazines and newspapers available for their customers to read. Remember, the longer they stay, the more espressos they will drink and the more money you will make. So get on the ball and purchase a commercial espresso machine for your establishment and start increasing your sales today.



Quick Property Sale
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quick commercial sale

Commercial bridging loans tend to provide plenty monetary support on flexible terms and conditions. And these loans can be arranged fast, because the lending criteria are not based on the idea of the borrowers’ repaying capacity of the loan. Lenders who offer Commercial bridging loans usually look more at the type and quality of the property being used as security, rather than at the borrowers’ income capacity and repayments capability.

Assets acceptable to provisioning of commercial bridging loans are as follows:

• Residential Properties

• Commercial & Semi-Commercial Properties

• Land with planning permission

• Development Sites

• Auction Properties

• Buy to Let Properties

• Retail Shops

The commercial bridging loans have higher interest rates than other conventional mortgages, but individuals can gain these loans quickly to bridge the gap between borrowers’ purchase and sale. They tend to be riskier for the lender who is staking on borrowers’ situation, and often not worry about any past or current bad credit. However the interest rates incurred upon commercial bridging loans are based on several key factors too:

• the potential risk associated with the loan,

• the current interest rates

• And a premium added by the lender.

Applying for a commercial bridging loan is similar to applying for any other kind of loan. However with the advent of internet in the money market, accessing commercial bridging loans has become very easy and time saving. In some cases, it is possible for a commercial bridging loan to be completed on the same day that your application is received, so long as a valuation can be carried out quickly and all the legal documents can be signed in time. Borrowers get the required sum of money without late, and invest the sum to their requirements.

Salient benefits of commercial bridging loans:

• Advances from £100, 000 - £400, 000

• Repayment period 1 month - 12 months

• Individuals with adverse credit are accepted

• Comparative interest rates



Rent Back
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commercial lease

A commercial real estate brokerage, or real estate brokerage house, is a firm designed to assist clients in their commercial real estate transactions. You will find various services available at a commercial real estate brokerage. Some specialize in a specific facet of real estate, such as office, retail or industrial properties. Some offer leasing only while others are strictly investment, and then there are those that offer both commercial leasing and investment. However, a quality brokerage house will have some level of all services available to a client.

It is suggested that a client look for a commercial real estate brokerage house that provides multiple levels of service. Some of those service levels include:

INVESTMENT & USER ACQUISITION: Buyers are represented by the commercial real estate brokerage with the goal of best location, price and terms.

•Determination of Client needs.

•Compilation of properties that meet acquisition criteria.

•Identification of those properties that best meet established goals.

INVESTMENT SALES: Owners are represented by Arizona commercial real estate brokerage with the goal of maximizing asset value.

•Aggressive, credible, strategic pricing.

•Preparation of custom designed marketing materials.

•Qualification of prospects.

LANDLORD REPRESENTATION: Landlords are represented by Arizona Commercial with the goal of maximizing net operating income.

•Market planning assistance.

•Marketing plan formulation and preparation of materials for print and web.

•Presentation to local, regional and national tenant prospects.

•Brokerage community meetings, mailings, personal presentation.

•Tenant qualification.

TENANT REPRESENTATION: Tenants are represented by Arizona Commercial with the goal of top sites and the best economic terms.

•Determination of Client needs

•Financial analysis of prospective locations

The reason you want a real estate brokerage that offers all of these services is so that they can grow with you, and it is also an indication of their level of commercial real estate knowledge.

For instance, if you start a business and are looking for a new location you will want to have your commercial real estate broker knowledgeable in retail leasing. Then as years pass, you might find that you need a manufacturing location that is also suited for a shipping facility. If your brokerage house has a wider range of services available, they will be able to assist you in this.

Then if a few years later your operation has grown to a point where you need to build a custom facility that can handle manufacturing and shipping, and that can also facilitate administrative offices and a retail storefront, then you will be entering into a new real estate field. This field would be called “built-to-suit,” land investment and development, or investment sales (depending on what was available and what option was right for you).

By dealing with a commercial real estate brokerage house who offers these services, you most likely would not have to search for a new broker each time your business grew. You would already be working with a company that was familiar with the markets in which you’re entering, and best of all, would already know you. This would lend to a certain level of comfort and trust in the transaction process that was already established from previous projects.



Quick House Sale
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Jul
09

Creditors, What You Know About Them?

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Creditors must give certain information to you during the application process. The law also limits the creditor’s ability to change the conditions of the loan. They lend funds to debtors that lead to creation of one or other of the financial instruments listed above.

The amount of the debtor’s liability to the creditor at any point of time may be described as

the principal outstanding. They are focused on one thing: collecting their unsecured debt. The phone calls, collection letters, and lawsuits will continue until you take legal action to have them stopped.

Creditors who don’t receive payments will report the missing payments to a credit bureau for the debtor’s credit report. A good credit report tells creditors that the person who borrows money can be trusted to pay his or her debts. They are prevented from taking any actions to collect debts until the stay is lifted by the bankruptcy court. See the Bankruptcy page for more information. They rarely seize household goods because they have little market value, it is hard to take them without court process, and using the courts is time consuming and expensive.

They use these agencies when the debtor refuses to pay, avoids the creditor’s demands or becomes hard to find. With some creditors this procedure is automatic. Creditors must stop making calls to you, stop sending letters, stop all lawsuits to collect, etc.

Creditors, including judgment creditors, can’t do or say certain things. For example, commercial debt collection agencies and persons who regularly collect their own debts are generally prohibited from making false or misleading statements to collect a consumer debt.

They are encouraged to file civil actions for the return of non-Indian property in Tribal Court and follow the procedure for repossession set out in this Chapter. However, State court repossession judgments involving non-Indian defendants may be given full faith and credit if the standards of Chapter 5 are satisfied. Credit is an excellent and convenient source of funds in an emergency or for planned purchases.

It is also a common trap that many people fall into at least once in their life. Creditors are listed on the schedules filed in conjunction with each bankruptcy case, and, in order to be on the schedules, the entity or individual must have a claim.

Creditors are sometimes willing to settle on delinquent debt for a percentage of the balance owed. The creditor typically requires that the settlement be paid in a lump sum. They in such matters should seek the advice of counsel.



Real Estate Proffessionals
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commercial lease

 

Once you’ve found a commercial investment property you think you may want to invest in, you’ll need to negotiate with the seller and do some thorough investigation to verify information you’ve been given, and to pick up anything that may not have been revealed or been obvious on the surface. This process can be considerably more involved with commercial property investment than residential property investment.

 

There are 5 basic steps you need to take when negotiating and purchasing a commercial property.

 



Negotiate with the seller

Exchange conditional contracts, including being subject to finance

Do your due diligence on every aspect that may impact the value of the property (you can get help with this step from professionals with experience in this area)

Fine-tune the contract if necessary

Settle the purchase of the property.



 

 

As with any investment the single, most important factor in protecting the long term value of your commercial property investment is to buy well in the first place. It’s much easier to do your research and make an educated selection of property to purchase than it is to improve an under-performing commercial property investment after it’s been purchased. If you’ve paid absolute top dollar, it may be difficult to see value for money in efforts to add value.

 

Negotiating With The Seller

 

You want to develop a ‘street-smart’ position that will enable you to hold your own in negotiations to purchase a commercial investment property. If you can’t get what you want through the front door, turn around and see what you can get through the back or side doors! In other words, there is more to negotiation than the purchase price of the property and other ways you can secure your profit before you buy. If you are unable to gain the advantage you want in the price or in other ways (the length of the settlement period, vendor financing, income guarantees from the vendor, etc), you may need to re-think whether the property is the right one for you. You need a ‘take it or leave it’ mentality when negotiating the purchase of an investment property and prior to making a binding commitment with your signature on a contract.

 

Doing Your Due Diligence



Step 3 of the negotiating and purchasing process requires that you do your due diligence. What exactly does that mean? If the property you are looking to purchase currently has tenants, go and speak with them! How happy are they, what kind of problems do they have with the property, are they willing to extend their lease or are they unhappy and planning to move? These are answers that will help you as the future owner; but they’re also important when deciding on whether or not to purchase the property to begin with.

 

During this investigation stage, be sure to also check out:

 

l the title



condition of the building

running costs of the building (actual, documented costs, not just ‘industry averages’)

building efficiency (remember, even though the tenant may be paying the outgoings, if yours is an efficient building the tenant will be more inclined to pay you a top rent)

leases and how well or how poorly they’ve been constructed, options, when the rent reviews are due and on what terms, etc. - and match these up with the criteria you would expect to find in a well-drafted lease document, keeping in mind there will be an opportunity in the future for you to restructure the leases to your benefit. If there’s a long term lease in place that’s not beneficial to you, then ask the question: ‘Do I really want this property and, if so, why should I pay top price?’



Quick House Sale
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commercial lease

Dollars & Sense

By Denice Gierach

As published in the Naperville Sun – September 16, 2007

In the excitement of forming a new business, whether a person is purchasing a franchise or forming a new business from scratch, one critical step in getting the business started usually gets little attention by the business owner - the commercial lease.

 With everything else new business owners have to decide, they tend to spend too little time understanding the commercial lease.

Before business owners sign any commercial lease, they must read it and know what it means. This seems like common sense, but many people start reading the lease - normally a substantial number of pages with a bit of “legalese” - and then stop, assuming the lease conforms to what they were told by the leasing agent.

 If you cannot understand the lease, spend the money to hire an experienced lawyer who can tell you what the terms of the lease mean.

Although there is an upfront cost to using a lawyer for this, it is essential that you are aware of your rights and duties under the lease and that the lease incorporate the verbal promises made by the leasing agent.

 If it is not in writing, you will not be able to enforce the promises made to you by the leasing agent.

There are a number of provisions that you should be aware of.

 • Know your total cost. In many commercial leases, the tenant pays a base rent amount per month, plus a portion of taxes, insurance and maintenance of the building and its common areas.

In a shopping center lease or in a lease to a restaurant, there may be additional payments required that are a percentage of the tenant’s gross sales.

Know the building. You should know how old the building is and when major repairs to heating and cooling systems, the roof and common areas were last completed. Otherwise, you may be surprised by a bill for your share of work on these items.

• Know who’s responsible. The tenant named in the lease should be your business entity, which is the party responsible for making the lease payments.

 As a newly formed business with no track record, the landlord may ask you to personally guarantee the lease. This means that if the business fails, the landlord will expect you to pay the lease for the rest of its term, which could be a substantial amount of money. Your lawyer might be able to help negotiate better terms than a personal guarantee, especially if you have owned a business in the past.

 • Know your neighbors. If the property you want to lease is in a mall or a shopping center, you may be concerned about whether the landlord rents space to a competitor.

If your business requires peace and quiet, you may need to bolster the provision allowing for your “quiet enjoyment” of your leased space, to allow you to terminate the lease if the landlord rents to a noisy neighbor.

• Know your financing. If you are a franchisee, you should not sign a lease if you have not finished your financing, bought your franchise or finished the purchase of your new business. There is no fun in making lease payments for a business you don’t have.

 If the landlord insists you sign the lease, your lawyer will need to insist on language that includes a contingency for financing and a contingency for the completion of the business or franchise purchase. 

 



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