I have a friend that I like to make things for so over the weekend I put one together for her...no names so she'll be surprised. I took pictures just using my phone since my camera battery was dead, so they aren't stellar quality, but you can get a pretty good idea.
First I gathered my supplies.
I covered my work surface with paper and laid out all of my triangles. I didn't have the light pink paint I needed so I mixed my own with white and a dot of red (go easy on the red, you can always add more)
I started by mixing only a small amount but ended up using almost the entire bottle of white.
Covering the burlap takes a lot of paint. I'll warn you, it doesn't go on evenly but dries fine.
Once the pink has had a while to dry you can stencil on the red letters. This pack of stencils didn't come with shapes so I made the heart out of a piece of poster board. The tricky part here is holding down the stencils so you don't get "bleed" under and around your letters. I also learned this time I needed to use a lighter touch when stenciling. My letters on the bunting came out much bolder than the previous one I'd made so I went back and used a piece of 220 grit sandpaper to "distress" them a little and was happier with the look. I used a round sponge "pouncer" to make the white dots. These come in a package of multiple sizes and are usually found near the acrylic paint.
Once everything's had a chance to dry (I left mine over night) it's time to add the ribbon. I used my trusty glue gun and attached one triangle at a time leaving a small space in between. You can get creative here and use whatever you like. This time I used a cute little polka dot ribbon, but I've also used Ric-Rac trim. (The picture below shows the difference in the vibrancy of the letters after sanding them. It's subtle, but more to my liking.)
And finally, the finished product...so CUTE!!!
The options for banners like this are endless. All you need is a little imagination.