I use Ozone 7 as well. The first step I do is pick a preset that you think would closest fit the sound you're going for, and if you like it, start tweaking until it sounds like you want. If the first preset doesn't do it for you, try another.
I don't mix down the song to a stereo mix, I always use Ozone on the project with all the tracks still intact because you might find you need to adjust levels on a specific track after Ozone is applied. I know you should have the perfect mix BEFORE you start mastering, but I'm not a professional and sometimes I don't get it right the first time.
I have made a list of customized presets in Ozone, and usually start with them. The Mastering purists think Ozone 7 is "cheating". I don't care, I think it's the fastest and easiest way to master your songs (except that it is a bit of a memory hog, so I only apply it after all the tracking and mixing is done)