Labels are generally not expensive, but if you don't want to spend more than is necessary, you can just as well create them yourself. It's easy, quick and fun. And besides, creating your own label template will not only save you money, but it will also add a personal touch of originality and it will personalize the labeled items. Labels can be funny and cheerful or they can add professionalism, they can confer uniformity or stand out. Basically, when you create your own template for a label, the only limit is your imagination.
This is nothing different from a document file, but you can work on it to publish on web directly as a web form template. This one is the latest feature of word. You have several integrated programs to improvise your templates in terms of visual appearance. You also have the option to work with the add_ons in MS word. If you work wisely, you can bring out a professional template all by yourself.