If your wood sign is unfinished, paint with a coat of white chalk paint and allow to dry overnight.
Open the rainbow frame cut file and customize as needed. Measure and cut iron-on for each color in the rainbow. With the shiny side up, place iron-on onto the basswood and secure edges with heat resistant tape. No weeding the iron-on! Press according to Cricut's Heat Guide and cold peel.
Load the basswood with iron-on onto a strong grip mat and secure the 4 sides with masking tape. Load the knife blade into the Cricut Maker and move the star wheels all the way to the right.
Select Basswood for the cutting material and cut. Repeat with each color of the rainbow.
Apply foam mounting squares onto the back of each rainbow piece and attach to the top of the wood sign.
Cut the wording out of permanent vinyl and weed. Apply wording to the bottom of the rainbow frame with transfer tape.
Hang picture with double-sided tape or attach a decorative clip to hang the photo from the rainbow picture frame.