How do I install the theme?

First of all make sure you have a valid WordPress Installation.

FTP method:

Upload the folder wpboheme contents to the wp-content/themes folder on your server.
Activate the theme in the Appearance / Themes menu in WordPress Admin.
Open the theme configuration page and set up theme options.

WordPress method:

Extract package downloaded from ThemeForest.
Compress the folder wpboheme.
Upload the new file using Appreance / Themes / Install Themes uploader
Activate the theme