microsoft word - Can I position custom page size document on standard paper and plan to cut?

I'd like to print a booklet using MS word 2010, by using one of the 2 options:

1. Print double-sided sheets (2 pages on one sheet)




2. Print double-sided foldable sheets (4 pages on one sheet)

In either case, I would cut each sheet and bind the booklet manually.
I don't mind to manually handle the printing order of pages, but I'm having hard time to position a single page (smaller than standard) on an A4 page. Margins are really small, and I would like to position the page so all the content is really printed, e.g. centered on the paper.

Any suggestions?