If you’re a team owner, you're in control of many settings and permissions of your team. The following describes how to adjust them.
Go to the team name and select More options >Manage team.
In the Settings tab, check or uncheck the options or permissions that you want to use.
Note: For more info about roles and permissions, see Team owner, member, and guest capabilities in Teams.
Change team name, description, and privacy settings
Go to the team name and select More options >Edit team. From there, set the team name, description, and privacy settings.
Team owners can change team settings in the desktop or web app.