Having options for your site's footer area is the next item to consider. Some themes have no footer areas, some have six, and there's everything in between. In the footer area you'll be able to add the same widgets like you can in your sidebar. You can have a newsletter sign up, social media links, information, favorite posts...the list goes on and on.
All Cheerful Themes have footer areas. Some have 2, most have 3. Within these areas can be an unlimited number of widgets. And, if you prefer NO footer, just don't put any widgets in the area and poof! no footer. Underneath the footer area are the site credits. Generally this includes your site's name, the year, and the theme designer's name. You can easily remove my link from the bottom by following the directions here. It helps bring new business my way, but I understand many people don't want the designer's name there.