Word Template (.dotx) will suffice in most cases, but you may want to consider saving the template as either a Word 97-2003 Document (.dot) or Word 97-2004 Document (.doc) if you plan on utilizing ...

Once your template is open, it's ready to format as needed. Click the "Home" tab if it is not enabled, and then format the label text by changing the font, font size, font color and alignment.