Sanding? What type of paint? How many coats? What type of lacquer? How many coats? Polishing?
www.instructables.com/id/Build-Your-Own-Electric-Guitar!/ This will get you further :)
That's a good inst. But he bought the neck. I'm part the way thru mine and I'm making my own neck.
It's a pretty involved process. Here is a link to some sites that give directions. See if they don't help you more than what I would put here.