I've got a small sewing room too, but I've found that re-purposing common items in the sewing room, has helped me to set up the room on a dime with items found around the house. I used an old desk (took the L side off of it) and made a huge ironing board to lay on top of it for when I iron. When I just want to use the desk for laying out fabric or cutting, I can move the ironing board off it and replace it with my cutting matt or leave it bear. I also took old shelves that I had haging in the garage and hung them in my room - this allowed for wall space to be put to use. I also took an old peg board out of the garage and use it to hang my tools. Helps to keep the working surface clear.