When setting up a small room, it may be hard to find the floor space for enough storage to keep things organized and accessible. If you're lacking in floor space, consider something like this hanging wall organizer.
We found this over at the Container Store. It's meant to be a bunk bed organizer, hanging off of the top bunk. This wall organizer has multiple sized pockets and folds flat when not in use. Use it for all the extras that don't have their own home in the nursery. Get it here for about $10.