Depending upon the wood type but as I like African Blackwood, I find sanding to 800 or better, then using SheilaWax EEE a great start before going to the buffing wheel.
SheilaWax EEE is a soft paste wax with Tripoli (EEE) in it, the more you rub it on the wood, the more the tripoli breaks down getting finer & finer, gives a fantastic shine.