Dear Wayne Noble,
This function documents the business processes in your company that you want to implement in the system. In a BBP, you create a project structure in which relevant business scenarios, business processes and process steps are organized in a hierarchical structure. You can also create project documentation and assign it to individual scenarios, processes or process steps. You then assign transactions to each process step, to specify how your business processes should run in your SAP systems. BBP is a detailed description of your business processes and system requirements.
Rajesh