Hi @Sharon G_ and welcome to the Community!
These Business Projects you are referring to belong to the recently rebranded Jira Work Management, projects with a feature set that matches the needs and ambitions of business teams.
Where Jira Software offers functionality for development teams (scrum and kanban boards, release management, integration with dev tools to name a few things) and Jira Service Management targets service teams (customer portal, SLA management, queues, asset management, ...), Jira Work Management offers a couple of interesting new views to support the way of work in business teams (calendar and list views, forms, board and roadmap views).
To learn more about the product itself and its high level capabilities, check out the Jira Work Management product site or this introduction blog post.
The project and task management templates offer the capabilities described above. And apart from that, they are just templates to give you a quick start. That quick start mainly lies in the predefined configuration of issue types and workflows, that you can see from these product screenshots:
Both use Tasks and Sub-tasks as issue types and a pretty basic workflow.
Obviously, you can configure and tune the projects entirely to your own needs. If you are familiar with company-managed projects in Jira Software, you have a solid basis to start from. Business projects are essentially company-managed projects when it comes to configuration.
Hope this helps!
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