Before installing the theme, you should have installed Magento Community Edition open source e-commerce web application. If Magento theme is already installed, please skip this section and move on section 2 2. Installing Our Theme on live Magento
Install Magento theme as these following steps:
Step 1: Check if your server is compatible with Magento. Find detailed instructions here
Step 2: Check if your server meets Magento’s System Requirements
http://magento.com/resources/system-requirements
Step 3: Installing Magento theme as following link
http://www.magentocommerce.com/knowledge-base/entry/magento-installation-cheat-sheet
If you want to install Magento with sample data, please following the link below
http://www.magentocommerce.com/knowledge-base/entry/installing-the-sample-data-for-magento
You can find more instructions about Magento installation and Configuration in this link:
http://www.magentocommerce.com/knowledge-base/categories/category/installation-configuration/
Step 4: When you finish Magento installation successfully, you can start installing the theme
http://www.magentocommerce.com/knowledge-base/entry/magento-installation-cheat-sheet