This is how I handle almost all my wood. If I can't get to it that day, I seal ends and leave bark on, but not for long, not for like, months or the bugs will eat it.
I will either split or chainsaw a sapling in half, or machete in on one side if it's smaller diameter. I peel bark next. I leave a thicker handle or don't, depending on intended design. Handle bows get taken down to 1.5" or thicker at the handle, and most limbs down to less than an inch thick. Just over an inch for BITH styles.
I leave them full width, unless there is just obviously way more wood than I need. Then I seal handle, tips, and usually belly with glue or varnish, and clamp, tie, screw, nail, or strap them down to prevent warping. I fine tune the thickness a bit sometimes at this stage,, shim around knots and lumps, and try to get a centered crown. Then dry them in a cool, humid place a few days, and anything goes after that.
This all varies slightly with species or whatever (plum loves to check while drying, but is not very stiff and IS very elastic, so I leave it thicker. ) But wood can be ready in just over a week. BE SURE, though. Wet wood takes set.