Does it have to be a hyperlink?
Maybe you could put a button from the forms toolbar on the worksheet and assign
it a macro to open a new word document based on your template:
Option Explicit
Sub testme01()
Dim oWord As Object
Dim myWordTemplate As String
Dim testStr As String
myWordTemplate = "c:\msoffice\templates\1033\Elegant Fax.dot"
testStr = ""
On Error Resume Next
testStr = Dir(myWordTemplate)
On Error GoTo 0
If testStr = "" Then
MsgBox myWordTemplate & " doesn't exist"
Exit Sub
End If
On Error Resume Next
Set oWord = GetObject(, "Word.Application")
If Err Then
Set oWord = CreateObject("Word.Application")
End If
oWord.Visible = True
oWord.Documents.Add Template:=myWordTemplate
End Sub