If you’re a team owner, you're in control of a lot of the settings and permissions of your team.
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Go to the team name and click More options
> Manage team.
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In the Settings tab, check or uncheck the options or permissions you want to use.
Change team name, description, and privacy setting
Go to the team name and click More options > Edit team. From there, you can set the team name, description, and privacy settings.