This article on delphi.about.com gives a quick description on how to create component templates but doesn't really tell why it helps you. Component templates are a way to quickly create a modified version of a standard component without writing any code. Let's assume you write lots of dialogs which contain an OK and a Cancel button (and who doesn't?). Now, doing it the classic way, you would have to do the following for each of these dialogs: Now, if you had a component template for an OK button, you could reduce this list to only step 1. To create a component template for an OK button