Jetpack CRM lets you define custom statuses for your contacts, companies, and transactions. You can edit these in:
Jetpack CRM > CRM Settings > General > Field Options for Contacts:
Jetpack CRM > CRM Settings > Companies for Companies (make sure B2B Mode module is activated in Jetpack CRM > Core Modules):
Jetpack CRM > CRM Settings > Transactions for Transactions:
You can control which statuses to use for your contacts, companies, and transactions by editing the values in the settings.