Blue Cricket Design has a free tutorial on how to make this paper bag bunting
About.com shows an easy way to make miniature bunting. Perfect across a cake.
Dana Made It has an adorable Peep bunting.
Aunt Annie shows you how to make a Valentine's Day bunting. But it could easily be adapted for any holiday or event.
Just remember, they don't have to be the traditional triangle shape. Square and rectangle looks nice too!