How to properly initialize a remote git repository

I have a local git server running on my NAS and I'm developing on my laptop and workstation, all in my local network. So, if I want to start a project in a new empty repo, I'm following this answer and

1. create a bare repo "mynewproject.git" on the NAS cd ${PROJECT}.git; git init --bare
2. create an empty 'repo' "mynewproject", also on the NAS cd ${PROJECT}; git init
3. make an initial commit in "newproject" git add . ; git commit -m "initial commit" -a
4. make the bare repo the remote origin of the current folder git remote add origin ssh://${USER}@${REMOTEIP}${PROJECT}.git
5. push to master git push origin master
6. delete the 'project' directory rm -rf $PROJECT

And then I can clone the ${PROJECT}.git repo from other machines. This whole process seems overly complicated. I mean, I scripted it,

HOSTIP=XXX.XXX.XXX.XXX
USER=YYYYY
PROJECT=$1

[[ -z "${PROJECT}" ]] && exit 1

PROJECTNAME=${PROJECT}
PROJECT=$(pwd)/${PROJECT}

# create project and .git folders
mkdir ${PROJECT}
mkdir ${PROJECT}.git

# initialize folders for git
cd ${PROJECT}.git
git init --bare
cd ${PROJECT}
git init

# create initial project directory
echo "#!/bin/bash" > ${PROJECT}/ENV_${PROJECTNAME}.sh
git add .
git commit -m "initial commit" -a

# 'link' to 'remote' .git folder 
git remote add origin ssh://${USER}@${HOSTIP}${PROJECT}.git

# push to master
git push origin master

# delete 'project' directory
rm -rf $PROJECT

echo "CREATED PROJECT $PROJECT.git"
echo "Clone with git clone ssh://${USER}@${HOSTIP}${PROJECT}"

exit 0

but still, is this the right way to go about this?