In this video on Scott Walsh’s channel, he runs through the considerations you must make when organizing a really small workshop.
Some of the things he covers include making hard decisions about what tools you really need in the shop and which ones just take up too must space for the frequency of use. Go with tools that can do double duty (e.g. if you’re not cutting down a lot of lengthy material, you can do all of your cutting on a table saw and not need a miter saw). See if there are smaller versions of tools that you might be able to get by with. Careful layout planning is essential in a small shop.
Obviously, he’s a woodworker, but what he has to say would apply to all types of workspaces.
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