OWH Stars & Stamps has a great tutorial about organizing space for paper crafting. I recently relocated from an entire dedicated paper crafting room to a 3-tiered shelf in our sun room and a work space of one-half of the kitchen table. My first order of business was to go through all of my "stuff" and organize everything into two piles: 1) things I don't like anymore and will never use, and 2) things I do like and will use. This purged loads of cardstock, stickers, embellishments, etc. A friend works with elementary school children and was happy to be the recipient of my unwanted stuff. As you can see, mine is a small operation.
One of my favorite ideas was stolen from my local LSS. I separate my scraps by color group in small drawers (to the right on the middle shelf). They are now accessible and easy to locate, so I use them more.
Here is a bead organizer I found at JoAnn's in the jewelry department. Perfect for my brads and eyelets.
I have a small collection of wooden-backed stamps that are stored in a drawer. I have lots more of the clear stamps stored in smaller drawers on the top shelf, left.
My latest finds were chosen for their fashionable appearance. These card-holders are actually recipe card holders that were bought on sale or for < $5. One is for blank cards awaiting a creative touch for OWH, one for cards I will use, and one for specialty cards that I keep on hand for inspiration.
Hope you enjoyed the tour.