How about we call it Create Starting Folders or Create Initial Folders to make it clear it's not actually generating all folders for all entities.

Also I tried some variation and agree that in current state it would probably be best next to create project button

Edited: did some more tests and changed opinion :D

I'm happy with the UI update now, it also does what is expected in the simplest version. We'll have to think about the configuration options for this and make them a lot better, because on ftrack we also create starting folders of the project hierarchy like assets or shots. Nevertheless that's for further brainstorm and PRs.

Thanks for this.