Workspaces are central locations that store all of your Spaces, pages, tasks and any other information that you track for your projects. When you create you TaskOrbiter account, your Workspace(s) are tied directly to it. This means you can have as many Workspaces as you need and choose the plan level that best meets your use case.
Those that create Workspaces will have admin controls and permissions. You will also have the permission to invite others to join you in the Workspace, this way you can manage work as a team and live collaborate.