hyper-v sysprep base image clone

I am creating a vm called template.

I plan to do sysprep and use this as my base vm.
It will have vs 2010, office 2010, sp designer 2010 and a few tools.

When I am ready to stop template and put it in some storage template place, what do I do?

When I want to create a new vm, what do I do?

I can't just copy and paste a vm from where it is to storage, then copy and paste back, can I?  Also, when do I do sysprep?  

Thanks for all your help, I am a developer and new to any sort of server config stuff. I need to learn the right way.

My file structure is like this:

d:\Virtual Machines
  WIN7
  DB
  SP2010
  TEMPLATE

z:\storage\templates_vms
 (this is where I want to put template)