If you intend to tighten the nut on the outside of the front panel, then you also need a nut on the inside because otherwise you can overstress the joint between the threaded bushing and switch body when you tighten the outside nut. On the other hand, if you don't need the switch to support the board (in most cases, you won't), then you can omit all of the nuts & washers from the switches. There are low-profile switches, but it takes some searching to find them.
I usually do what Robert described above. Bending the legs right at the phenolic plate as shown above is a good way to crack the pot.