One thing that you need to remember when doing a restoration, is that you can’t do everything and there are some things that should be done by experts. That’s my opinion, but there are many restorers who can do most everything and that is great! But it I know my limitations so my steering wheel was sent out to The Rimblow Buddy. They did an excellent job.
If you want to do your own, here is an article with some tips from Mustang 360. Rim-Blow Steering Wheel Build