I like to keep a good supply of wrapping paper handy. A small variety will cover most occasions. I store mine in an Ikea basket.
Gift tags are easy to make with paper punches and a cute stamp or you can buy them at all sorts of places. The ones seen here are from Michael's. Again, keeping a variety on hand means you aren't left searching around at the last minute for something appropriate.
Having ribbon on dowels makes it easy to store.
To read other posts from my 31 Day series click