I think it is cool. [As far as the free image, just modify the image to suit your needs. Once you change a part of the image it is no longer the property of the original artist because it is no longer their original art. (false, see below)]
Use Gimp or Inkscape to make the labels. I prefer Inkscape and working with vector images.
Some points I would bring up:
1. The label needs more balance, I assume you will use the right side for a description, that should help.
2. Papyrus font makes things look cheap and poorly done IMO. Go get a more unique font. I like fonts4free online, they have a huge number of free fonts that will make it look way more professional.
3. The top banner is not balanced and the spacing from the center rose is not even. Easy to fix and will have a big impact.