First up--the scallop punch. This is the quickest and easiest way to make your cupcake toppers look professional! You can also cut cupcake toppers out by hand as a circle, but they just look so cut as scallops!
Second... the paper trimmer. We literally use this for everything. Invitations, water bottle wrappers, treat bag toppers, banners... anything with a straight edge gets cut with this! It will save you lots of time and hopefully some of your sanity. There's a bunch of paper trimmers out there, but I like this one because it has a wire guide to help you get as close as possible to where you want to cut.
Third... the hole punch. This is the easiest way to punch the corners of your banner to string it on twine or ribbon. You can use a circle one of any size--but this is our favorite!
And for anything the paper trimmer can't do, I love these scissors. They are spring loaded so it makes the job a little easier on your hand! Cupcake wrappers are my least favorite thing to cut, but these scissors make it a bit easier.