El negocio de mi cuñado es grande, y el de mi yerno también.

Breakdown of El negocio de mi cuñado es grande, y el de mi yerno también.

ser
to be
de
from / of
y
and
también
also
grande
big
mi
my
el negocio
the business
el cuñado
brother-in-law
el yerno
son-in-law

Questions & Answers about El negocio de mi cuñado es grande, y el de mi yerno también.

What exactly does el refer to in the phrase el de mi yerno?
Here, el replaces the noun negocio (business) so we don't have to say it twice. Because negocio is a masculine, singular noun, we use the masculine, singular article el. Combined with de, el de mi yerno literally translates to "the one of my son-in-law."
Could I use lo de mi yerno instead of el de mi yerno?
Not in this context. Because you are referring back to a specific masculine noun (el negocio), you must use el. The phrase lo de mi yerno uses the neuter article lo and would mean something like "the situation with my son-in-law" or "the matter concerning my son-in-law," rather than referring to his business.
How would the second half of the sentence change if we were talking about "companies" (las empresas) instead of a "business"?
You would have to change the article to match the gender and number of the new noun. Since empresas is feminine and plural, the sentence would become: Las empresas de mi cuñado son grandes, y las de mi yerno también.
Why isn't there a direct translation for the apostrophe-s ('s) used in "son-in-law's"?
Spanish doesn't have an apostrophe-S structure to show possession. Instead, ownership is always shown using the preposition de (of). "My brother-in-law's business" is phrased as "the business of my brother-in-law" (el negocio de mi cuñado). When you drop the noun at the end of the sentence to just say "my son-in-law's," Spanish still requires that "of" structure, which gives us el de mi yerno.

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