https://confluence.atlassian.com/get-started-with-bitbucket/create-a-team-861176360.html
Create a Team
We recommend you create a team if you want to limit access to certain users and declare shared settings.
Unable to see the menu option
Hello @Ganesh Krishnan ,
Welcome to the Community.
Workspaces are what used to be Teams, here's a blog post about that, and the new documentation pages. I guess the document you references hasn't been deleted or updated yet.
Hope this helps. Let me know if you have any questions.
Cheers,
Daniil
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