When I’m not using templates to put together a performance, I’m generally using them to import a premade set of tracks into a production Set. For example, when I want to record the output of my Machinedrum, I first locate my Drums set in the Templates folder:

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…and then drag it into whatever Set I’m working on. The result is this:

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It’s very simple: one track for each drum I’m likely to record, already named, grouped together in a Group track called Drums.

You may not have any use for a template like this, but think about sets of tracks you use, or any repetitive tasks you find yourself doing during production and see if the process can be streamlined with a template.