I would just frame it in as if you were adding walls. 16 inch on centre for 2 X 4, and up to 24 inch on centre for 2 X 6 if it was my structure. It won't cost much extra, and will give strong support to the panel which is very important.
I recommend a 3/4 inch plywood backer board, GS1 (good one side) minimum. If it will be a showpiece, choose a nicer grade. Paint is optional, but it is up to you to dress it up, and usually best done beforehand. Make it much larger than the panel so there is lots of room for wiring to be run neatly and stapled correctly on all sides of the panel, and to keep low voltage (phone, cable) a distance away from higher voltage wiring.
Always think of methods to add circuit runs as required months down the road. No setup is perfect and after a few months, you may want to add something here or there.
Behind the plywood, I always recommend either of the following to future-proof your structure:
1) Continuous Vapour barrier that you can tie into with tuck tape if you insulate in the future by sliding insulation behind the panel.
2) Continuous rigid foam (1 inch minimum) overlapping the plywood that can be tied into with vapour barrier and insulated wither either insulation and vapour barrier or other methods (foam or spray foam).
Good luck!
R