What is not an advantage of using a cloud-based spreadsheet?

Question: What is not an advantage of using a cloud-based spreadsheet?

All cloud based services are not necessarily bad. However, you're right that if one of these services goes down, you lose all your work. You do have some control of this. You need to make sure that you always have a local backup of your files on your computer. There are some very good free services that let you make online backups. I personally use Dropbox to keep my spreadsheet files backed up online. If you can't afford it, there are many other free services available on the web.

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