All my basics are sitting on my table. There are multiple buttons, a soldering iron, solder, a wood block to solder on, tinned copper wire, sterling silver wire, chasing hammer, steel block, pens for wrapping wire around (to make rings), pliers, wire cutter, bulk chain, & bare bracelets ready for buttons.
Now you can see that you don't need a huge, nice place to create quality work. You just need your basics & some creativity, although, lots of practice helps as well! :)