If not an ActiveX control or an external library, then Win API functions can provide this functionality, though it's not an easy job:

- use CreateCompatibleDC, CreateCompatibleBitmap to create a virtual space for drawing; you can use a form or main VFP window as a canvas too

- use numerous Windows API graphics functions (GDI) to draw lines, points, shapes, print text etc. with different pens, brushes, fonts on this canvas

- save result to a bitmap file with Windwos API functions GetDIBits, CreateFile, CloseHandle

* * *

I would recommend several examples (members area) on my VFP site:

Storing screen shot of a form to a BMP file
http://www.news2news.com/vfp/?example=187&function=53

Storing clipboard content to a BMP file
http://www.news2news.com/vfp/?example=189

Subclassing CommandButton control
http://www.news2news.com/vfp/?example=392

The last one probably contains all functionality you need. The TButton class draws button caption using different fonts and backgrounds on a virtual device context, saves the result in a temporary bitmap file, and then uses this file's name to populate the Picture property for its CommandButton superclass.