Login to Your Hosting Account
You can login via your hosting company's site or you could go via FTP. Essentially you just need a way to get to your files.
Find Your File Manager
Every hosting company should give you access to your files, althought the access may be in different places with each host. This is an example from the popular CPanel software.
Find Your Templates Folder
We're going to open up the folder that contains our templates.
Copy Your Template
Select the "rhuk_milkyway" folder and click "Copy"
Choose a New Template Folder Name
Choose a new name for the folder. In this case, I'm simply going to call it "rhuk_milkyway_copy" and click "Copy File(s)"
Open Up Your New Template Folder
Open Up the templateDetails.xml File
Check the box next to "templateDetails.xml" and select any of the editing options. templateDetails.xml is the table of contents for our template and contains all of the identifying information that Joomla needs.
Change the template name
Inside the fields, change the name of the template to something that clearly identifies it as a copy.
Access Your Template Manager
Now if you go to Administrator >> Extensions >> Template Manager you should see the two copies of the same template.