If you use MS Publisher, you can use the WordArt functionality in the same way as in Word. Then you can add a graphic--or two or ten--to that, change the size, spacing, etc., until it looks how you want, and then save everything as a single picture (in a wide range of formats). This picture can then be inserted back into Word (or whatever app you want to use it in). For printing, TIF is the best choice, and you can save it in a resolution up to commercial quality.

I do this all the time, and I'm not artistic. I discovered all of this by just messing around in Publisher.