Yep - that's what I would do.
I guess you will probably want to flower all of crop #1 and think about a mother plant later, but, you might start thinking about crop #2 soon.
If you are going to buy seeds for the next crop, buy some
feminized ones, then you don't have to worry about males. They are a few quid extra but well worth it IMHO. Then you don't have to sex the mothers at all and once you have selected a good plant you can just clone it over and over.