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You'll need thin cotton or nylon cloth, scissors, heavyweight paper, markers, cotton string, and action figure.
Cut a 14 inch wide hexagon from cotton or nylon cloth. Here's an easy way to make a hexagon. Cut a triangle with 3 equal sides from a piece of heavyweight paper. Trace it on the cloth 6 times in a circle, then cut out the hexagon.
Use markers to write the name of your sky diving company with an insignia on the parachute. Cut a tiny hole in each corner. Cut six-12 inch pieces of string. Tie one end of each string in a chute. Tie an action figure on the ends of the string. Bunch up the fabric and throw it up in the air. Watch the parachute float back to you.